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Small, medium and micro enterprise development challenges in a post apartheid South Africa: Lessons learntMahambehlala, Tandi January 2019 (has links)
Masters in Public Administration - MPA / A problem of the South African economy is the pervasive unemployment in particular
amongst the black population. Double-digit unemployment figures had become the norm
within post - apartheid South Africa. The newly elected government in 1994 identified the
informal sector as a strategic growth area. The SMME sector was seen as unexplored
and a potential conduit and possible answer to create employment opportunities and
address the unemployment crisis. The question that guided the research was What are
the challenges faced by the SMME sector, in particular black SMMEs, in becoming a
sustainable and financially viable business? The study was qualitative in nature and the
case methodology was used for this research. The key findings were that, there is an
over - reliance on the business owner that in many instances, has very little business
experience. Furthermore ,that government support programmes are not well known
amongst the SMMEs. The major recommendations are that Government must provide
the support to the SMME sector to become sustainable and contribute to employment
creation. Government must explore the possibility of financially supporting the SMMEs.
Lastly, that Government must review the regulatory and policy framework to reduce and
create an enabling environment for SMMEs to grow and become lucrative.
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