Information asymmetry and obstacles on SMMEs growth in the rural Areas of uThungulu district municipality of KwaZulu-Natal

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dc.contributor.advisorContogiannis, E.
dc.contributor.advisorVezi, M.F.
dc.contributor.advisorKaaseram, I.
dc.contributor.authorNkonde, Sipho David
dc.date.accessioned2013-09-09T12:00:35Z
dc.date.available2013-09-09T12:00:35Z
dc.date.issued2012
dc.descriptionA Dissertation submitted in fulfillment of the requirements for the degree of Master of Commerce in the Department of Business Management in the Faculty of Commerce, Administration & Law at the University of Zululand, South Africa, 2012.en_US
dc.description.abstractInformation asymmetry is regarded as factors that affect SMMEs and issues hindering SMMEs growth which include management skills, market access and lack of training. This is supported by Rogerson (2008) that several challenges facing SMMEs development in South Africa have been unapproachable. Number of factors have been identified which relate to markets access and marketing, business management skills, training, finance and inadequate institutional support. The SMME sector is regarded as a potential employment creator and contributes significantly to the economic growth of South Africa. SMMEs have the major share of the development and almost half of the total employment in the economy. While argument still exists about the comparative contribution of SMMEs to the economy, this sector contributes a massive share of employment which contributes significantly in the economy. However, SMMEs are facing challenges that prevent them from growing, and causing a large percentage of SMMEs to shut down in their first two years of operation. This study aims to discover the information asymmetry and obstacles on SMMEs growth in uThungulu district municipality. An investigation was conducted among owners in all local SMMEs in the district to identify obstacles perceived as central to SMMEs growth. Structured questionnaires were used to collect data. The research findings indicate that lack of training and management skills are one of the challenges faced by SMMEs since the majority of entrepreneurs have only matric qualifications. The use of technology was also identified as an obstacle on SMMEs growth.en_US
dc.identifier.urihttps://hdl.handle.net/10530/1227
dc.language.isoenen_US
dc.publisherUniversity of Zululanden_US
dc.subjectInformation Asymmetryen_US
dc.subjectSMMEen_US
dc.titleInformation asymmetry and obstacles on SMMEs growth in the rural Areas of uThungulu district municipality of KwaZulu-Natalen_US
dc.typeThesisen_US
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