Tag: Township economy

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

Municipal leadership argues the new market represents more than just convenience.

  The government has invested more than R760 million in initiatives that provide financial support, digital skills programmes, and innovation funding to help small businesses grow and become sustainable. Yet ...