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.
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.