City Press- The gold mine on the corner: How to grow a township business

The so-called township economy is a potential gold mine and could generate prosperity and jobs from within. Thuletho Zwane investigates how communities could be the solution

Imbizo Shisanyama is at the corner of Main and September streets in Ebony Park, Tembisa, a township in Midrand, north of Johannesburg.

Next to the shisa nyama are service provision stores that were once four-room residential houses.

Across from the shisa nyama, a new shopping centre is being built.

“We don’t know what’s going on there,” says Rita Zwane, the owner of Imbizo Shisanyama.

“We live here. We work here. But when these new corporates come and build malls here, we are the last to know. We can’t even build shopping centres in our own neighbourhoods because we don’t own the land or have access to funding. Where am I going to get R800 million to build my own shopping centre?”

Read the full article by following the link

by City Press – https://city-press.news24.com/Business/the-gold-mine-on-the-corner-how-to-grow-a-township-business-20190529

Thuletho Zwane