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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Making a Living in the City: Success and Failure of Small Enterprises in the Johannesburg Inner City
Author:Kesper, Anna P.
Periodical:Africa Insight
Geographic term:South Africa
Subjects:urban society
small enterprises
Development and Technology
Economics and Trade
Urbanization and Migration
Abstract:Recognizing the potential contribution of the SMME (small, medium and micro-enterprises) sector to sustainable economic growth, job creation and more equal income distribution, the Department of Trade and Industry in South Africa has adopted a range of policies and support measures aimed at increasing the growth rate of this sector. Focusing on a number of SMMEs in the Johannesburg inner city, this article examines, amongst others, their start motivation, legal status, skill levels of workers employed, and degree of automation. The conclusion is that SMMEs may contribute to the revival of the Johannesburg inner city through wealth and employment growth. SMMEs are better equipped to react to increasing market segmentation, are flexible and more competitive in globalizing markets and have, moreover, a high labour absorptive capacity. Ref.