An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs

The main objective of this study is to evaluate the policies instituted by the government of Zimbabwe in promoting the survival and growth of SMEs using a case of SMEs in Glen View Area 8. This was done with a view to draw up strategies aimed at improving the contribution of SMEs to Zimbabwe’s GDP....

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Main Authors: Nyamwanza, L., Paketh, L., Mhaka, C., Makaza, F., Moyo, Nokuthula G.
Format: Article
Language:English
Published: Novelty Journals 2016
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Online Access:http://hdl.handle.net/11408/1571
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author Nyamwanza, L.
Paketh, L.
Mhaka, C.
Makaza, F.
Moyo, Nokuthula G.
author_facet Nyamwanza, L.
Paketh, L.
Mhaka, C.
Makaza, F.
Moyo, Nokuthula G.
author_sort Nyamwanza, L.
collection DSpace
description The main objective of this study is to evaluate the policies instituted by the government of Zimbabwe in promoting the survival and growth of SMEs using a case of SMEs in Glen View Area 8. This was done with a view to draw up strategies aimed at improving the contribution of SMEs to Zimbabwe’s GDP. The research used a qualitative research design, a random sample was chosen to which a survey questionnaire was administered to collect data. Interviews were also conducted with personnel from the Ministry of Small and Medium Enterprises and Harare City Council Department of Health and Social Services. Findings indicated that little had been done by government in addressing SME concerns and accord priority to the SMEs so that they are enabled to contribute to the betterment of the economy. Challenges found to be facing SMEs were issues such as capital availability, difficulties in procuring raw materials, low technological capabilities, and difficulties in securing permits and licences. The study recommended that SMEs are a significant sector that should otherwise be contributing significantly to the economy and recommended that government should prioritise SMEs by establishing finance schemes, training programmes and encourage clustering.
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spelling ir-11408-15712022-06-27T13:49:06Z An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs Nyamwanza, L. Paketh, L. Mhaka, C. Makaza, F. Moyo, Nokuthula G. GDP (Gross Domestic Product), IDP (Industrial Development Policy), ZIMASSET (Zimbabwe Agenda for Sustainable Socio-Economic Transformation) The main objective of this study is to evaluate the policies instituted by the government of Zimbabwe in promoting the survival and growth of SMEs using a case of SMEs in Glen View Area 8. This was done with a view to draw up strategies aimed at improving the contribution of SMEs to Zimbabwe’s GDP. The research used a qualitative research design, a random sample was chosen to which a survey questionnaire was administered to collect data. Interviews were also conducted with personnel from the Ministry of Small and Medium Enterprises and Harare City Council Department of Health and Social Services. Findings indicated that little had been done by government in addressing SME concerns and accord priority to the SMEs so that they are enabled to contribute to the betterment of the economy. Challenges found to be facing SMEs were issues such as capital availability, difficulties in procuring raw materials, low technological capabilities, and difficulties in securing permits and licences. The study recommended that SMEs are a significant sector that should otherwise be contributing significantly to the economy and recommended that government should prioritise SMEs by establishing finance schemes, training programmes and encourage clustering. 2016-06-14T13:42:40Z 2016-06-14T13:42:40Z 2015 Article 2394-7322 www.noveltyjournals.com/download.php? http://hdl.handle.net/11408/1571 en International Journal of Novel Research in Marketing Management and Economics;Vol. 2, No. 2; p. 35-44 open Novelty Journals
spellingShingle GDP (Gross Domestic Product), IDP (Industrial Development Policy), ZIMASSET (Zimbabwe Agenda for Sustainable Socio-Economic Transformation)
Nyamwanza, L.
Paketh, L.
Mhaka, C.
Makaza, F.
Moyo, Nokuthula G.
An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs
title An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs
title_full An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs
title_fullStr An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs
title_full_unstemmed An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs
title_short An evaluation of the policies instituted by the government of Zimbabwe in promoting survival and growth of SMEs: the case of Glenview area 8 SMEs
title_sort evaluation of the policies instituted by the government of zimbabwe in promoting survival and growth of smes: the case of glenview area 8 smes
topic GDP (Gross Domestic Product), IDP (Industrial Development Policy), ZIMASSET (Zimbabwe Agenda for Sustainable Socio-Economic Transformation)
url http://hdl.handle.net/11408/1571
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