Obstacles facing BEE mining entrepreneurs during the growth stage

Abstract

The research aims to determine the obstacles that BEE mining entrepreneurs face at the growth stage of their business. The objective of the study is to gain insights into both internal and external factors, identify common obstacles which have not been identified elsewhere. The study was a qualitative study where twenty BEE mining entrepreneurs were interviewed. This entailed face to face interviews where themes were recorded and analysed. The interview entailed semi structured questions, where interviewees were asked about obstacles both in the external and internal environment, experienced during the growth stage. In terms of the results many obstacles were identified. The obstacles that BEE mining entrepreneurs faced at the growth stage, ranged from access to finance, regulatory obstacles, lack of skills, infrastructure, unrealistic expectations, economic factors and political factors.Copyright