Tag: Township economy

About R30,000 is needed to start the business, with roughly R20,000 allocated to purchasing a motorcycle and R10,000 reserved for fuel

Successful township businesses are built through action, consistency and understanding local markets

SMEs remain the most exposed during protests because they rely heavily on daily cash flow and informal trading activity

Most funding institutions require businesses to be registered, tax compliant and supported by financial records and a clear business plan

Communities say they are tired of repeated promises as President Cyril Ramaphosa announces stronger enforcement on illegal immigration and spaza shop regulation

Township spaza shop owners say access to the R500 million Spaza Shop Support Fund remains difficult, as strict compliance rules, licensing requirements and administrative delays continue to slow approvals

Government plans to formalise 11,000 informal businesses during the 2026/27 financial year, but traders and business organisations warn that rising compliance costs, licensing requirements and economic pressure could discourage small ...

The department also plans to formalise 11,000 informal businesses during the current financial year

A township stokvel funded partly through R370 SRD grants is helping unemployed residents in Evaton build and invest in community-owned businesse

The production and sale of these pots operate through a decentralised network of scrap collectors