News

MBA graduate researches the SME sector in Polokwane

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

The Small and Medium Enterprises (SMEs) sector within the Polokwane Municipality and the challenges that stifled its growth and development were explored by Ms Ana Muchandigona, a 2014 MBA graduate of the Management College of Southern Africa (MANCOSA).

The research titled: Exploring Factors that Affect Growth Development of Small and Medium Enterprises in Polokwane Local Municipality noted that the difficulty in accessing finance; poor business skills; huge regulatory set up costs and poor infrastructure to set up business were impediments to the success of small and medium enterprises.

Ms Muchandigona explained that most entrepreneurs of small and medium businesses came from disadvantaged communities with insufficient financial resources to set up business and found it challenging to provide collateral security when seeking loans. The outcome was settling for businesses in the midst of poor infrastructure with the difficulty of managing and marketing as professional entities.

The existing view that small and medium businesses have the potential to revitalise economies, solve the problem of unemployment and contribute to poverty eradication, led to Ms Muchandigona exploring the sector for the research dissertation.  Ms Muchandigona indicated that SMEs made a positive contribution to the livelihoods of entrepreneurs and for growth and development in Polokwane.

According to Ms Muchandigona the government needed to step up its activities so far as entrepreneurial skills development of SMEs is concerned. “This would equip the SME operators with the means and knowledge to contribute to national challenges, such as unemployment, on a bigger scale as their establishments would grow and develop into entities that operate not only at municipality, but national level allowing SMEs to contribute to the economic growth of South Africa significantly,” she said.

In response to achieving her MBA Ms Muchandigona said:

“The MBA coupled with my other qualifications will open up greater opportunities and I think the sky is the limit now.”

Programme Enquiry

Kindly complete the form below and a dedicated student advisor will contact you
  • Disclaimer MANCOSA collects, processes and retains personal data provided in this enquiry form for the purpose of transmitting institutional updates and upcoming open days to you. MANCOSA does not share or sell such information to third parties. By submitting the above enquiry form, you consent to the sharing and use of your personal data for the abovementioned purposes. In line with the relevant laws of the Republic of South Africa, you may unsubscribe from receipt of such communications at any time and/or request the removal of your personal information from MANCOSA systems, where applicable.
  • This field is for validation purposes and should be left unchanged.
Chat with us, we are online1
;