emerging views on the eastern cape economy

EMERGING VIEWS ON THE EASTERN CAPE ECONOMY

Masters research proposal

• Presenter: Nwabisa Thiso

•Department of Sport, Tourism and Hospitality

THE ROLE OF YOUTH IN THE DEVELOPMENT OF SMTEs

Presentation outline

• Introduction and Background

• Problem Statement

• Significance of the study

•Methodology

• Ethical considerations

•Concluding statements

Introduction

• South Africa, unlike other developing countries, is classified as one of the best performing economies in Africa.

•Unfortunately the economic growth of the country continues to be limited by the general constraints of the small business sector.

Introduction Cont.

• The unemployment rate In South Africa (SA) has decreased insignificantly in the last few years whereas the youth unemployment rate is continuously on the rise (Trading Economics, 2015).

• As such the current situation of youth unemployment and lack of participation in the mainstream economy remains an obstacle In SA.

Problem statement

• South Africa has an urbanising, youthful population. This presents an opportunity to;

• boost economic growth, increase employment and reduce poverty (NDP, 2030).

•However, the youth of SA are on the periphery of the economic activities in comparison to other countries.

Research objectives

• To determine initiatives that can assist the youth participate in entrepreneurship.

• To identify the barriers faced by existing tourism entrepreneurs, and how these can be overcome to ensure success and sustainability.

Objectives Cont.

• To determine the level of awareness of entrepreneurship by the youth

• To make recommendations for the enhancement and improvements on tourism and hospitality entrepreneurship support, based on perceived barriers identified in the sector.

• Globally small businesses are major contributors to economic growth and employment.

• However, the frequency at which entrepreneurial activities have failed in South Africa is well documented in the Global Entrepreneurship Monitor (GEM).

Significance of the study

Methodology

•Research design: Mixed Method

•Qualitative-quantitative methods and literature

Study population: 267 000 (Census, 2011)

•Representative sample (n= 384)

• Structured questionnaires to be administered face toface

• Sampling techniques: 1. Snowballing Technique

Methodology cont.

•Methods of data collection:

1. Primary data- to be collected through administeringquestionnaires to respondents

2. Secondary data- to be collected from books, articles,journals and government documents, that are in relationto the research

•Data analysis: Statistical Package for Social Science (SPSS) _ Version 21

Ethical considerations

• Voluntary participation

•Clarity that no harm may be endured by respondents in participating in the study

•Refrain from deception

• Practise confidentiality

Concluding statements

THANK YOU