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Abstract:
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The study was conducted to identify gaps within the Construction and Building Materials industry in Limpopo Province. Limpopo Province is fast growing and most people are relocating to major towns like Polokwane, Makhado and Thohoyandou hence there is a need by the Provincial Government to support the industry so that it can cope with the ever-increasing demand for housing. Small and newly, construction companies are not financially viable, they lack entrepreneurial skills, and as a result, they are not able to render services that are demanded in the local market. Newly established SMMEs in the construction industry in Limpopo Province are characterised by lack of technical skills in construction engineering, lack of basic entrepreneurial skills that are essentially for attracting clients. On the other hand, the prices of building materials are continuously increasing which also a contributor to crowding-out of small construction companies, as they need capital to do projects especially tender work. |