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From Survivalism to Entrepreneurship, Disclosure and Accountability: Rethinking African Urban Economies for Sustainability

Year: 2025

Type: article

Abstract: The entrepreneurial potential of the informal sector is becoming more widely acknowledged. However, empirical research on the effectiveness of small, medium enterprises (SMEs) in Africa's informal economy is generally lacking. In light of this research vacuum, this paper examines entrepreneurial enabling factors in the setting of Zimbabwean townships to ascertain how they affect the performance of SMEs which eventually lead to the formalisation of these SME’s that will result in disclosure of financial information. In Harare, the capital of Zimbabwe, SMEs headquartered in townships are surveyed, and correlation and regression analysis are used to evaluate hypotheses. The findings show that enterprise performance is significantly predicted by institutional support, talent and competency development, and access to markets and financing. It is a crucial strategy that considers the range of enabling environment elements that affect enterprise performance in Zimbabwe, a country beset by high unemployment, poverty, inequality, and other socioeconomic issues.

Source: Kuveza neKuumba The Zimbabwe Ezekiel Guti University Journal of Design Innovative Thinking and Practice

DOI: 10.71458/7hdavb74

Authors: Gift Manhimanzi, Edson Chagwedera, Upenyu Sakarombe

Institution: Zimbabwe Ezekiel Guti University

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure, No poverty

Open Access status: bronze

Funders: National Water Commission, ACT Government