- Title
- The impact of small, micro and medium-sized enterprises (SMMEs) on local development in the Eastern Cape province: the case of Buffalo City Metropolitan Municipality
- Creator
- Majiza, Xolelwa
- Subject
- Small business -- South Africa -- Eastern Cape
- Subject
- Economic development
- Subject
- Entrepreneurship.
- Date Issued
- 2016-12
- Date
- 2016-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10353/29155
- Identifier
- vital:77523
- Description
- This study was carried out to analyse the impact of SMMEs on LED in Buffalo City Metropolitan Municipality. The objectives of the study were to assess the implementation of SMME strategy in this municipality analyse the contribution of SMMEs to LED in terms of creating of sustainable businesses in Buffalo City Metropolitan Municipality; and proposed comprehensive framework for SMME development for LED. The quantitative approach study was used as the main research methodology. The simple random sampling technique was used to select thirty respondents who participated in this study. Data was collected through surveys using a questionnaire and analysed using Statistical Package for Social Science Version 23 (SPSS 23). The findings indicated that SMMEs have little understanding on the SMME strategy but they are willing to contribute to its implementation. The SMME strategy was last reviewed in the past 3-5 years and the government plays an essential role through Buffalo City Metropolitan Municipality to assist SMMEs by offering them affordable loans, affordable tax, free workshops, grants and other subsidies, infrastructural improvement, local tax credit, operational permit assistance and subsidised training. The study also indicated that the SMMEs level of cooperation towards LED is moderate and they do so mostly through employment creation, provision of fair wages and affordable goods and services. The SMMEs also indicated that they offer sponsorships, child care and infrastructural development. Recommendations have been given in the form of provision of funding, awareness structures and grounds for economic development. For a sustained development of SMMEs and enhanced role in LED, this study has identified three areas of further research. These include research to: validate the Hexagon for LED to investigate the challenges faced by SMMEs in accessing assistance from the private and public sector and to ascertain the impacts of training and development on the participation of SMMEs in LED.
- Description
- Thesis (MCom) -- Faculty of Management and Commerce, 2016
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (xix, 163 leaves)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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