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Environmental conditions and their impact on small businesses in South Africa: implications for managers

Author

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  • Kofi Poku Quan-Baffour
  • Akwasi Arko-Achemfuor

Abstract

Prior to April 1994 the apartheid regime discriminated against blacks of South Africa. The best education went to whites while blacks received an inferior education. This resulted in high unemployment rate among blacks due to lack of skills and knowledge. To reduce unemployment and its socio-economic consequences a policy on local economic development was enacted to encourage the unemployed to start their own businesses. In spite of the policy environmental conditions might impact on businesses. This paper investigates the impact of environmental conditions on the growth of the small businesses which are emerging to reduce unemployment among the youth.

Suggested Citation

  • Kofi Poku Quan-Baffour & Akwasi Arko-Achemfuor, 2009. "Environmental conditions and their impact on small businesses in South Africa: implications for managers," International Journal of Business and Emerging Markets, Inderscience Enterprises Ltd, vol. 1(4), pages 405-419.
    • Handle: RePEc:ids:ijbema:v:1:y:2009:i:4:p:405-419
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    Cited by:

    1. Refiloe Gladys Khoase & Patrick Ndayizigamiye, 2018. "Analysing the Role and Impact of Public and Private Supporting Institutions Interventions on SMMEs Access to Funding: A Comparative Study between Lesotho and South Africa," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(4), pages 58-71, AUGUST.

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