Financial Mail - - YOU SAID... -

Could town­ships and in­for­mal set­tle­ments hold the key to re­vers­ing SA’S GDP and un­em­ploy­ment trap?


There are no books guid­ing start-ups tar­get­ing the mama in the hood — I worked on one but am still seek­ing a pub­lisher. As long as town­ship economies and ru­ral economies are ne­glected, we will have prob­lems and come sec­ond to the rest of the con­ti­nent in terms of en­trepreneur­ship.

Thembi Soci


Yes, there lies the an­swer. The black in­for­mal econ­omy. For fi­nanc­ing — the stokvels. For dis­tri­bu­tion and re­tail — the in­for­mal traders. For in­clu­sive growth — the minework­ers and farm work­ers.

AN Pan­tophlet

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