Major Training Challenges for Small Businesses in the Tshwane Area: Is there Hope?

Jan Wiid () and Michael Cant ()
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Jan Wiid: University of South Africa
Michael Cant: University of South Africa

Acta Universitatis Danubius. OEconomica, 2018, issue 14(7), 207-226

Abstract: The aim of the study was to examine and gain insight into the level of skills and training and subsequent needs among SMMEs in the township environment. Against the backdrop of investment support from government, the question is what is the current status of training and training needed among SMMEs in the South African township environment. An exploratory study was conducted by means of a survey questionnaire directed towards various SMMEs across South Africa. Questions were formulated to elicit information pertaining to training and qualifications of respondents in townships. Based on the findings, SMME owners in the township areas experienced a greater need for marketing, financial and management training, indicating that government should collaborate with other institutions to provide the required training. In particular, support is required from financial and training institutions in collaboration with government departments to provide the relevant resources that the SMMEs need in order to flourish. In addition, there are specific unique challenges that SMMEs experience in the township areas due to the unique setting of townships. Provides key areas where government and organisations can contribute different, urgently needed resources to SMMEs.

Keywords: business challenges; small business; South Africa (search for similar items in EconPapers)
Date: 2018
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