Deteminants of the growth of Zimbabwean Small to Medium Enterprises (SME)

Abstract

The study investigates the determinants of the growth of Zimbabwean SMEs. The research sought to establish the various factors which impacted on SME growth on the Zimbabwean context. Questionnaires were sent to SME employees, management and owners in Harare soliciting their input on the major factors impacting growth of their SMEs.

The findings in the study were presented in the form of graphs and charts.The research found out that access to finance, infrastructure, competition, technology, government support and management skills have influence on the growth of SMEs.

The study concluded that access to finance had the most positive significant influence on the growth of SMEs. The research further recommends that there should be further study to ascertain the effect of access to markets on SME growth.