Information asymmetry and obstacles on SMMEs growth in the rural areas of uThungulu District Municipality of KwaZulu-Natal

David, Nkonde Sipho

Information asymmetry and obstacles on SMMEs growth in the rural areas of uThungulu District Municipality of KwaZulu-Natal

dc.contributor.advisor	Prof Contogiannis, Terry Elefherios
dc.contributor.advisor	Prof Vezi-Magigaba, Makhosazana Faith
dc.contributor.advisor	Prof Kaseeram, Irrshad
dc.contributor.author	David, Nkonde Sipho
dc.date.accessioned	2025-11-18T07:32:23Z
dc.date.available	2025-11-18T07:32:23Z
dc.date.issued	2012
dc.degree.level	Masters
dc.degree.name	Master of Commerce in Business Management
dc.departmentName	Business Management
dc.description	Thesis submitted to the Faculty of Commerce, Administration and Law to fulfil the requirements for the Master of Commerce in Business Management at the University of Zululand, South Africa.
dc.description.abstract	Information 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.
dc.faculty	Faculty of Commerce, Administration and Law
dc.identifier.uri	http://hdl.handle.net/10530/58254
dc.language.iso	en
dc.subject	Rural development
dc.subject	Small business
dc.subject	Entrepreneurship
dc.subject	KwaZulu Natal, South Africa
dc.title	Information asymmetry and obstacles on SMMEs growth in the rural areas of uThungulu District Municipality of KwaZulu-Natal
dc.type	Masters Theses
dspace.entity.type	Publication
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relation.isOrgUnitOfPublication.latestForDiscovery	68293849-881d-4dcb-bc99-f84b574824e6