Thesis (MBA)--Stellenbosch University, 2013. / ENGLISH ABSTRACT: Namibia’s economic success is largely determined by the success of its small and medium enterprise sector. The contribution of this sector to the Namibian gross domestic product is a function of its entrepreneurial vigour. It is well documented that an organisation’s entrepreneurial leadership competency makes for higher profitability. What is less commonly known, however, is that this complex entrepreneurial leadership construct includes a vital ethical component. This study has aimed to shed light on the relationship between entrepreneurial and ethical orientation, both sub-constructs within the larger entrepreneurial leadership construct. An in depth theoretical discussion on both entrepreneurial and ethical orientation is offered. Prior research on both orientations is consulted to provide the necessary theoretical background. The study concludes by commenting on the existence of a relationship between the dimensions of entrepreneurial orientation.