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Determinants of Female Entrepreneurship Success in the Agricultural Sector: An Examination of SMEs in South Africa

Author

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  • Ogujiuba Kanayo

    (School of Development Studies, University of Mpumalanga, South Africa.)

Abstract

The Agricultural sector in South Africa is amongst the main contributors to job-creation South Africa. Since the post-apartheid era, South Africa has seen a severe transformation in this sector, of which previously disadvantaged farmers (especially women) are now on the forefront in terms of new developments, and SME business expansion. However, the efforts of the government to sustain SMEs are yet to alleviate the challenges agricultural SMEs are facing. This article looks at the determinants of business successes for female owned SMEs. The trustworthiness and internal consistency examination of the instrument was done, with test re-test reliability method and Cronbach Alpha index. They both generated an R-value of 0.70 and 0.875 respectively. Multiple Regression technique was used in estimating the coefficients of impact on success. Findings showed that certain characteristics of the entrepreneur, including Entrepreneurship Skill, Financial Resources, Capital Start-up Amount and Customer and Market Access have a significant impact on Female Entrepreneurship Success. We recommend a major overhaul of government interventions designed to enhance the skills of female entrepreneurs as well as broadening their customer and market access base. This has become imperative for addressing the challenges of business success for female entrepreneurs.

Suggested Citation

  • Ogujiuba Kanayo, 2021. "Determinants of Female Entrepreneurship Success in the Agricultural Sector: An Examination of SMEs in South Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 11(3), pages 123-133.
  • Handle: RePEc:eco:journ1:2021-03-13
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    Citations

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    Cited by:

    1. Wendy Geza & Mjabuliseni Simon Cloapas Ngidi & Rob Slotow & Tafadzwanashe Mabhaudhi, 2022. "The Dynamics of Youth Employment and Empowerment in Agriculture and Rural Development in South Africa: A Scoping Review," Sustainability, MDPI, vol. 14(9), pages 1-20, April.
    2. Mzwakhe Nkosi & Azikiwe Isaac Agholor & Oluwasogo David Olorunfemi, 2024. "Agro-Investments among Small Farm Business Entrepreneurs in the Era of the Fourth Industrial Revolution: A Case in the Mpumalanga Province, South Africa," Administrative Sciences, MDPI, vol. 14(5), pages 1-21, April.

    More about this item

    Keywords

    Business; Entrepreneurship; Female; SME;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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