Fewer than 9% of businesses in South Africa’s townships have access to bank loans, according to the inaugural Township Informal Economy Report, released by Standard Bank last week. Most of these ...
South Africa’s township businesses, predominately owned by the Black majority in a nation with one of the world’s widest levels of income inequality, are struggling to survive. That’s the stark ...
The township economy is the epitome of a success story despite the odds, and new ways of building revenue and loyalty have the potential to take it even further. South Africa’s township economy is a ...