The goal of this research was to explore the experiences of the youth in Kentane with respect to the role that a entrepreneurship plays in alleviation poverty, with the intention to enhance recommendations to the local municipality, the private sector and governmental departments. The study focused on entrepreneurship as one of the strategies that is deemed capable of reducing poverty and increasing economic growth. A qualitative research approach was used to explore the experiences of the entrepreneurial youth, where permission was attained from the youth prior to the commencement of the study. Purposive sampling was utilised to recruit participants and data was collected by means of semi-structured interviews. Qualitative data analysis was carried out using steps outlined in Creswell (2003). Five main themes were identified during data analysis where the main finding was that there was a lack of knowledge and resources to broaden the scope of youth based businesses in the area. Another major finding from this study was the introduction and imposition of haphazard short-term projects aimed at alleviating poverty that often failed as they did not address the needs specific to the community. Youth of Kentane are dedicated as entrepreneurs; however, they need the collaboration of interested parties and stakeholders to realise their respective potentials. Developmental and training programmes are crucial to assist the entrepreneurial youth of Kentane.

Small Micro and Medium Enterprises (SMMEs) play an important role in contributing to economic development of many countries around the world, including South Africa. Despite the importance of SMMEs an unacceptable and disappointingly high number of these ventures fail during the first few years of operation. It is in light of the importance and challenges faced by SMMEs that the performance of SMMEs is of interest to all countries. This study investigated the impact of entrepreneurship education on the performance of SMMEs in the Buffalo City Metropolitan Municipality. The objectives of the study were to investigate the role of entrepreneurship education in improving entrepreneurship skills and knowledge of owner/managers of SMMEs in the Buffalo City Metropolitan Municipality, to determine the role of entrepreneurship education on the establishment and survival of SMMEs and to identify strategies that can be implemented to improve the performance of SMMEs. Both primary and secondary data sources were used in this study. A quantitative research design was used in conducting this research. Simple random sampling, a probability sampling technique was used to select a sample of 201 from the sample frame of 420 registered SMMEs. The survey method, by way of a self-administered questionnaire was used to collect primary data. The statistical Package for Social Sciences (SPSS) is the statistical software that was used to analyse data. The Chi-square test, the T-test, Pearson Product Moment Correlation and descriptive statistics were used to analyse data. Validity and reliability of the research instrument and the findings was assured. The results for this study are useful for the development of the SMME sector, which is very important to South Africa for they contribute to the solving of socio-economic challenges. The findings of this research showed that entrepreneurship education has a positive impact on the performance of SMMEs and it plays a critical role in improving entrepreneurial skills and knowledge of SMME owners and managers. It was also found that entrepreneurial education is very important for the establishment and survival of SMMEs. Strategies that can be implemented to improve the performance of SMMEs in South Africa were suggested to the government, government agencies, educational institutions, other organisations, and SMME owners and managers.

The high unemployment rate, especially amongst schoolleavers could be counterbalanced by raising awareness of entrepreneurship as a career option. This investigation explores the relationship of entrepreneurial attitude, entrepreneurship and who the entrepreneur is, as is presented in the literature. The focus has shifted from testing for personality traits to identifying entrepreneurial attitude, attributes, behaviour and activities. A questionnaire, the GET (General Enterprising Tendencies test) was used to determine the levels of entrepreneurial attitude amongst a group of grade ll learners in three South African secondary schools, with the aim of raising awareness of their personal levels of entrepreneurial attitude and making them aware of entrepreneurship as a career option. It was found that inter alia, a culture of entrepreneurship is not prevalent amongst learners and prospective school leavers in South Africa. / Educational Studies / M.Ed. (Guidance and Counseling)

A distinguishing characteristic of the current world economy is the decline in the number of industrial job opportunities which is also affecting South Mrica. The multi-ethnical and multicultural society of South Africa is also experiencing low economic growth rates, high population growth rates and an unacceptably high unemployment rate. Entrepreneurship currently plays an important role in the successful economies of the world. The small business can make important contributions to economic growth, job creation and social development. For this reason it is important that entrepreneurial behaviour be promoted in South Mrica. In previous research studies, researchers isolated different variables of entrepreneurial behaviour such as the environment, personal characteristics, values and personal background of individuals. Of these variables, only personal characteristics may be manipulated to advance entrepreneurial behaviour. The objectives of this study were to indicate whether certain biographical and demographical factors are related to an individual's behaviour towards the formation of a new enterprise and to indicate whether certain personal characteristics, namely achievement motivation and locus of control, are related to an individual's behaviour in the formation of a new enterprise. It was decided to compare four groups, namely white non-entrepreneurs, black nonentrepreneurs, white entrepreneurs and black entrepreneurs. Three factors of achievement motivation and three factors of locus of control were identified by means of factor analysis, and statistical analyses were done on the four different groups. To establish the above-mentioned relationships, the researcher made use of sophisticated statistical analyses. The following conclusion were drawn from the results: The models of achievement motivation and locus of control seem to predict membership of the group black entrepreneurs better than the group white entrepreneurs. Using the locus of control scales, membership of the group black entrepreneurs can be predicted well. The study revealed that there are differences between black groups and white groups (entrepreneurs and non-entrepreneurs) in South Africa. It is clear from the present study that there have to be additional factors, other than achievement motivation and locus of control, that influence entrepreneurial behaviour. The ethnic and cultural situation in South Africa also influences entrepreneurial behaviour in this country. / Business Management / D.Com. (Business Management)

Thesis (MTech (Business Administration))--Cape Peninsula University of Technology, 2016. / This research study explored perceptions which small business owners and managers have of the impact that initiatives, aimed at revitalisation, have on small business development. The Woodstock Salt-River Revitalisation Framework (WSRRF, 2002) served to guide these initiatives in order to achieve their various objectives, which included, inter alia, the development of small business. Often, official initiatives cannot adequately meet the needs of all stakeholders. The benefits that are derived from these initiatives may differ amongst stakeholders owing to their varying expectations and perceptions. The main research problem that was identified relates to reasons why the impact of this framework initiative is currently not appropriately understood and, as a result, not effectively and efficiently implemented. Hence, this research study evaluates the extent to which the Revitalisation Framework has affected the development of small businesses within the study area.

Thesis (MTech (Business Administration (Entrepreneurship)))--Cape Peninsula University of Technology, 2017. / Many people from African countries immigrate to South Africa because they perceive South Africa as a country which offers many opportunities and an advanced standard of living. Although immigrants often resort to entrepreneurial activities as a means of survival when few other options are available to them, increasing numbers of African immigrants are coming to South Africa with the express intention of starting businesses in the country. An unfortunate consequence of their entrepreneurial success in the SMME sector in South Africa has been manifested in outbreaks of xenophobic violence which have targeted entrepreneurs in the townships of South Africa. African immigrants are widely perceived to pose threats to the livelihoods of South Africans, either by invading local labour markets or putting South African entrepreneurs in the SMME sector out of business because of the competitive edge which their businesses often enjoy over those of their South African counterparts. Relatively little emphasis has been given to the socio-economic contribution which African immigrant entrepreneurs make, by providing employment to South Africans in the face of alarmingly high rates of unemployment in South Africa and by contributing directly to the South African economy through the payment of taxes. The researcher formulated this research study to determine how African immigrants identify and exploit business opportunities in South Africa by studying a group of African immigrant entrepreneurs in the township of Nomzamo in Strand, which lies some 50 kilometres to the southeast of Cape Town. The significance of this study lies in the fact that, to date, there has been relatively little research concerning this research topic and also in the contention that obtaining a comprehensive understanding of the successful business practices of African immigrant entrepreneurs could play a very meaningful role in improving the performance of South African entrepreneurs in the SMME sector and in normalising relationships between immigrant communities and South African population groups in the townships of South Africa.

Thesis (MTech (Business Administration (Entrepreneurship)))--Cape Peninsula University of Technology, 2017. / Entrepreneurial activities are very evident within the Cape Metropole as the proliferation of small, medium and micro-sized enterprises (SMMEs) will attest. The most recent literature confirms the preponderance of immigrants in these economic activities. This phenomenon is unfolding against the backdrop of the contingent of challenges which they face which are not limited to discrimination, limited access to finance from formal financial institutions, inadequate skills, and language barriers. The limited access which they have to obtaining finance from formal financial institutions constitutes one of the most significant obstacles for many immigrant entrepreneurs. There is evidence to suggest that in response to this state of affairs, immigrants resort to unconventional means to obtain finance for their entrepreneurial activities. It has been found that, immigrants form self-help financial associations which are known as stokvels in South Africa as a means of obtaining the finances which are needed for the start-ups and even for the growth of their businesses. In fact, it could be asserted that the inability of immigrant entrepreneurs to obtain loans from commercial banks and other related financial institutions has resulted directly in the creation of immigrant-run informal financial institutions such as stokvels. Consequently, the main objective of this study was to assess the role which stokvels which are known in Cameroon as “njangis” or “tontines”, play in the start-ups and growth of businesses which are owned by Cameroonian immigrants in the Cape Metropole. Both quantitative and qualitative approaches and research methods were used to conduct this study. The quantitative and qualitative data was collected through the administration of a questionnaire and the conducting of face-to face interviews respectively, owing to the nature of the target population. The data which was collected from the respondents who completed the questionnaires was captured, categorised and analysed in relation to the research questions through the use of SPSS statistical software and the findings were presented in the form of frequency tables and pie charts. The study ascertained that “njangis” play a very important role in the businesses of Cameroonian immigrants and in their daily lives as they are not only a source of capital for the start-ups and expansion of the businesses of their members, but they also provide a means of saving money, as most of them do not have access to bank accounts. According to some of the respondents, some of the “njangis” even serve as forums for discussing business ideas. Like most other organisations, stokvels have their own unique challenges, which will be discussed comprehensively in Chapter Four, particularly with respect to the methods which are employed to overcome them. It is the considered opinion of the researcher that it is in the domain of entrepreneurship in particular that South African citizens could learn a great deal from immigrants from other African countries about the successful starting and running of small, medium and micro sized businesses as recent literature has demonstrated quite conclusively the significant contribution which their entrepreneurial enterprises make to the development of the South African economy, in terms of both earning revenue for the South African government and providing employment to South African citizens.

Submitted in fulfilment of the requirements for the Degree of Master of Business Administration, Durban University of Technology, 2017. / This study was premised on the knowledge that the democratic government of South Africa has availed a lot of funding for SMMEs to start or develop their ventures. This is because it is an accepted fact that this sector has the ability to grow the country’s economy. The study then aimed to ascertain the extent to which the competence of Small, Medium and Micro Entrepreneurs (SMMEs) can impact sustainable economic development in eThekwini Municipal Area of South Africa. The study scrutinized the ability of the SMME managers and operators on how they can utilize available resources effectively and efficiently to ensure that their enterprises contribute to sustainable economic growth. Also, the factors that militate the growth and performances of SMMEs in eThekwini Municipal Area were examined. The basis through which this study was undertaken was that of human behaviour of SMME managers, operators and business owners as to how they can contribute to the economic development and survive in the competitive market. Using simple random sampling, data was collected from various SMMEs in the eThekwini Municipal Area. A total of 229 entrepreneurs responded to the questionnaire, which made the sample of the study. This data was captured and analyzed on SPSS (version 24) and yielded both descriptive and inferential statistics. The key findings of the study were that the entrepreneurs alluded to the fact that knowledge, skills, value judgments, behavioural characteristics and social networks were all very important in establishing and running a successful business. A challenge that emerged from the respondents was that they were not well equipped to identify business opportunities. They were, however, taking good care of their environments and were using their businesses to employ community members. Some of them did contribute to community development programmes. The main recommendation that is made here is that potential entrepreneurs must be assisted with tools on how to identify business opportunities. This could also be an avenue for further research. / M

The debate concerning small firm access to finance continues. The proliferation of research of the issue underlines the importance attached in promoting a strong entrepreneurial culture within a country. Small firms are significant to economic growth if they are growing. Central to this significance is ascertaining the role of finance and in particular bank finance in accelerating small growth potential. The case study, through its ontological, epistemological and methodological position, draws on a document review and interview material from small firm owners and key informants to explore the role of bank finance in small firm growth. Case study evidence reveals that small firm owners do not intend to finance firm growth with bank finance but prefer to finance growth with internally generated funds. The owners indicate that non-financial and behavioural factors, such as, maintaining decision-making control, experience accessing bank finance, the perception of the banking relationship and growth aspirations of owners may be more important in dertermining the finance structure for firm growth. From the bank's perspective, findings suggest that risk assessment, financial viability of the enterprise and provision of collateral are more important in the lending decisions; findings supported by an analysis of selected documents. The small sample of small firm owners, bank representatives, experts and documents makes it difficult to generalize the findings. However, the findings are significant because exploring the issue from different perspectives presents invaluable insights, which can be investigated further to assist small firm owners, to develop finance products geared for small firm operations, and in the development of the knowledge base on finance-related issues in the South African context.

Submitted in fulfillment of part of the requirements for the Masters of Business Administration, Durban University of Technology, Durban, South Africa, 2017. / In South Africa, emphasis is being placed on the importance of establishing small and medium sized business enterprises. There is acknowledgement in the extant literature of the value of these enterprises as job creators and useful drivers for economic growth and innovation. Given the growth in small businesses, attention in this study is given on comparing the critical success factors between those businesses that are owned by foreigners and those owned by locals. Relationships between the two groups have not always been fruitful across the country, yet synergies can be generated to shed light into how both groups cannot only co-exist but operate optimally in managing their businesses. Thus, the aim of this study was to explore (comparatively) the critical success factors between foreign and locally owned small businesses. A qualitative, exploratory study was conducted using interviews with five (5) foreign owned and five (5) locally owned small business conducted within the Ndwedwe area of Kwazulu-Natal. A thematic analysis approach was used to analyse the data. Upon analysis of the data, three themes emerged as critical success factors affecting local and foreign owned businesses: (1) the underlying motives of starting a business enterprise, (2) the nature of business environment and (3) the necessity of formal or/and informal education in running a business. Interestingly, these themes appeared common in both groups. Furthermore, each of these factors affecting the success of small business was accompanied by poor community infrastructure and the unavailability of support and funding from government, including reimbursement during occurrence of natural disasters. Existence of sufficiently a strong business enterprise motive based on research findings is vital in any research undertaking. Substantially, an empirical angle to map more than one overriding motive for a business enterprise provides an opportunity to evaluate business success or failure based on the grounded motives. These motives may progressively incorporate the analyses of business environments, use of indigenous business knowledge and consideration of business education (formal and informal). Findings from this study encourage knowledge-sharing and interaction of SMEs in order to improve business enterprise development in Ndwedwe. The findings of this study also magnify the factors that are deemed critical to the success of small businesses and may be useful in mapping out recommendations on strategies and frameworks that affect either foreign or locally owned business. Based on the findings of this study, a network hub that places emphasis more on interdependence rather than isolated working between foreign and local owned businesses is encouraged. Through collaboration and sharing of experiences, small businesses in South Africa may potentially thrive. Furthermore, the findings of this study stipulate that SMEs need to have long-term plans and grounded motives on starting businesses. This will not only encourage SMEs to plan but will also develop educational strategies where SMEs can work together and share aptitudes to engage in strategic planning related to entrepreneurial success. / M