Since the advent of democracy in April 1994, the issues of economic empowerment and growth have been high on the agenda of the Government of National Unity of South Africa. In order to achieve social-economic growth, resolve wealth and asset gaps between rich and poor, decrease unemployment and meet the Millennium Development Goals, government has sought efficient mechanisms of transformation. The formation of SMMEs was put forward as a solution to solve the above problems. SMMEs play a vital role in economic development and livelihoods uplifting. The purpose of this study is to examine how Chinese SMMEs have impacted on sustainable livelihoods in Nelson Mandela Bay Metropolitan District. The study has identified the challenges of local livelihoods in the district. The findings on the effects of Chinese SMMEs were that: (1) They have provided affordable goods and services to local people, improving livelihoods by means of reducing living costs of the local population and thus providing relief on their financial capital; (2) The vast extent of their services in the district has enlarged their network of offerings in urban, suburban and even rural settings; (3) They have enabled the poor’s access to the economic markets and services; (4) They have contributed positively to employment by providing local jobseekers with gainful employment and access to financial capital; (5) They have empowered the local employee base through training and skills transfer; (6) They have promoted knowledge and skills that have enriched local human capital and positively contributed to livelihoods; and (7) They have made a contribution to GDP and tax revenues. Revenues fed to government have helped fund welfare and public services, including in the areas of education, health care, pensions, unemployment benefits, public transportation, infrastructure and housing. These benefits have collectively contributed to the improvement of local livelihoods in the district.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nmmu/vital:9229 |
| Date | January 2013 |
| Creators | Pang, Jing |
| Publisher | Nelson Mandela Metropolitan University, Faculty of Business and Economic Sciences |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis, Masters, MA |
| Format | xi, 73 leaves, pdf |
| Rights | Nelson Mandela Metropolitan University |
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