Unlocking Potential: How the Township Economy is shaping SA's market landscape

  • 📰 News24
  • ⏱ Reading Time:
  • 29 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 80%

Nedbank Новости

Nandi Qubeka,Townships,Township Economy

LISTEN | Unlocking Potential: How the Township Economy is shaping SA's market landscape

With an estimated worth of R750 billion per annum, the vibrant and diverse terrain of the township economy has become an increasingly attractive investment destination for small businesses and retail giants like the Shoprite Group.

"Between this large and fast-growing population of people in the townships and all of these businesses, there is a source of consumer demand and disposable income. This is purchasing power. There's a large and growing population of people whose needs in terms of goods and services aren't being adequately met within their communities," she continues.

Qubeka says the Shoprite group has also been able to mitigate the lack of access to developable land with Usave Ekasi, a small, flexible store format made out of shipping containers.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Unlocking the Potential of Digital Finance in AfricaThe Digital Finance Africa 2024 event is poised to catalyze a significant shift in Africa's financial sector. Organized by IT News Africa.
Источник: ITNewsAfrica - 🏆 27. / 59 Прочитайте больше »