An investigative study on the growth and success of Small and Medium Enterprises (SMEs) in the construction industry in Ondangwa and Ongwediva
| dc.contributor.author | Nevonga, Petrus T. | |
| dc.date.accessioned | 2017-07-21T07:28:52Z | |
| dc.date.available | 2017-07-21T07:28:52Z | |
| dc.date.issued | 2017 | |
| dc.description | A thesis submitted in partial fulfilment of the requirements for Degree of Master of Business Administration (Entrepreneurship) | en_US |
| dc.description.abstract | In the stable economic growth, such as Namibia, small and medium enterprises in the construction industry are vital for the growth and sustainability of the county economy. The source of work of SMEs in the construction industry is through Government tenders and tenders warded to them. The aim of this qualitative study was to determine the growth and success of small and medium enterprises (SMEs) in the construction industry in Ondangwa and Ongwediva. Data collected through interviews showed that the growth and success of the SMEs in the construction industry is depending on the companies getting tenders, SMEs contractors employing experienced and technical staff and the financial discipline of the SMEs construction owners. The chance of SMEs in the construction industry to get more tenders is depending on their ability to provide the required collateral guarantee, performance guarantee, employing qualified bookkeepers or qualified financial accountants to reconcile the company financial records, and be in good standing with the receiver of revenue and the Social Security Commission. Thus, the study identifies strategic actions that need to be taken to address the problems faced by the SMEs construction companies in the construction industry in Namibia. The government in consultation with NCCI, NIA and CIF to help to translate the conditions of FIDIC in all local languages and make them available at a cost, so that all SMEs owners can be able to read and understand the conditions of FIDIC. | en_US |
| dc.identifier.uri | http://hdl.handle.net/11070/2066 | |
| dc.language.iso | en | en_US |
| dc.publisher | University of Namibia | en_US |
| dc.subject | SMEs | en_US |
| dc.subject.lcsh | Small business, growth, Namibia | |
| dc.subject.lcsh | Construction industry, Namibia | |
| dc.title | An investigative study on the growth and success of Small and Medium Enterprises (SMEs) in the construction industry in Ondangwa and Ongwediva | en_US |
| dc.type | Thesis | en_US |