Acta Universitatis Danubius. Œconomica, Vol 14, No 7 (2018)

Abstract

Objectives: 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.

Prior work: Against this 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.

Approach: An exploratory study was conducted through 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.  

Results: Based on the findings, SMME owners in the township areas experienced a greater need for marketing, financial and management training, indicating a need for government to collaborate with other institutions to provide the required training.

Implications: There is particularly a need for support from financial and training institutions in collaboration with governmental 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.

Value: Provides key areas that government and organisations can contribute different dire, resources for SMMEs.