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Support for small enterprises in the construction sector : Coega development corporation contractor development programme

Thesis (MBA)--Stellenbosch University, 2015. / ENGLISH ABSTRACT: South Africa’s construction industry plays a key role in the development of the economy, not least
through creating jobs and wealth. However, currently the distribution of economic benefits being
enjoyed by construction companies is highly skewed, with a very small number of large firms being
awarded a big stake of public-sector tender awards.
It is against this background that government departments and institutions, including the Coega
Development Corporation, have developed and implemented SMME-development programmes.
They recognise the development of emerging contractors as an engine to alleviate unemployment and
poverty in our country, especially among the youth. It can also be seen as a tool to spread the wealth
of the construction industry more widely. These efforts resulted in a sharp influx of emerging
contractors on the entry-level grades of the Construction Industry Development Board’s database.
The study analyses the current situation of SMMEs in the construction industry and the challenges
hindering their growth and development.
Although the study focuses on the Coega Development Corporation’s SMME-Development
Programme as implemented by the CDC’s Small Business Unit, the lessons from the sample survey
and programme analysis are meant to have broader relevance. This relates in particular to the need to
encourage and help dynamic and well-managed SMMEs to advance faster on the road towards highergrade
contracts. It also stresses the need to get closer co-operation between the different players in
efforts to support small-construction entrepreneurs.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/97336
Date04 1900
CreatorsMaholwana, Unathi
ContributorsThomas, W. H., Stellenbosch University. Faculty of Economic and Management Sciences. Graduate School of Business.
PublisherStellenbosch : Stellenbosch University
Source SetsSouth African National ETD Portal
Languageen_ZA
Detected LanguageEnglish
TypeThesis
Formatxi, 69 pages
RightsStellenbosch University

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