The effects of government funding agencies’ support on the success of SMMEs within the King Cetshwayo District: a study of uMhlathuze Municipality
type: CreativeWork
description: This study investigated the effects of government funding agencies’ support on the success of small, micro, and medium enterprises (SMMEs) within the uMhlathuze Municipality in the King Cetshwayo District of KwaZulu-Natal, South Africa. Despite the critical role SMMEs play in economic growth and job creation, South Africa faces a high business failure rate, exacerbated by inadequate support from numerous government funding agencies. This study employed a mixed-methods approach to comprehensively assess the impact of government funding agencies’ support on the success of SMMEs in the uMhlathuze Municipality. The research combines quantitative and qualitative methods to gather a holistic understanding of the influences at play. The quantitative component was a structured survey administered to a representative sample of SMMEs in the region. The survey collected data on various metrics of success. Additionally, key local economic development indicators, such as employment creation and poverty alleviation, were measured. The data were analysed using the descriptive statistical analysis and independent tests on IBM SPSS version 30 to analyse and present data and to identify correlations and trends between government support and SMME success. The qualitative component comprised in-depth interviews and focus group discussions conducted with SMME owners, government officials, and representatives from funding agencies. The qualitative data provide insights into the experiences and perceptions of stakeholders regarding the effectiveness of government support programmes. Thematic analysis was employed to distil key themes and patterns from the qualitative data, allowing for a deeper exploration of the challenges and opportunities faced by SMMEs. ATLAS.ti version 23 software was used to conduct the analysis. The findings highlight a complex relationship between government support and SMME success, revealing significant barriers that hinder effective assistance, including limite…
abstract: This study investigated the effects of government funding agencies’ support on the success of small, micro, and medium enterprises (SMMEs) within the uMhlathuze Municipality in the King Cetshwayo District of KwaZulu-Natal, South Africa. Despite the critical role SMMEs play in economic growth and job creation, South Africa faces a high business failure rate, exacerbated by inadequate support from numerous government funding agencies. This study employed a mixed-methods approach to comprehensively assess the impact of government funding agencies’ support on the success of SMMEs in the uMhlathuze Municipality. The research combines quantitative and qualitative methods to gather a holistic understanding of the influences at play. The quantitative component was a structured survey administered to a representative sample of SMMEs in the region. The survey collected data on various metrics of success. Additionally, key local economic development indicators, such as employment creation and poverty alleviation, were measured. The data were analysed using the descriptive statistical analysis and independent tests on IBM SPSS version 30 to analyse and present data and to identify correlations and trends between government support and SMME success. The qualitative component comprised in-depth interviews and focus group discussions conducted with SMME owners, government officials, and representatives from funding agencies. The qualitative data provide insights into the experiences and perceptions of stakeholders regarding the effectiveness of government support programmes. Thematic analysis was employed to distil key themes and patterns from the qualitative data, allowing for a deeper exploration of the challenges and opportunities faced by SMMEs. ATLAS.ti version 23 software was used to conduct the analysis. The findings highlight a complex relationship between government support and SMME success, revealing significant barriers that hinder effective assistance, including limite…
author: Mabika, Lwandlekazi Nangamso
license: https://uzspace.unizulu.ac.za/bitstreams/8f7fbdb6-a928-453e-900c-addaffadca7f/download
date published: 2023
date modified: 2026-07-24T06:17:11Z
provider: University of Zululand
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: University of Zululand