Entrepreneurship in the township economy - Masechaba Vilakazi

KAYA FM  |  Series , ±29 min episodes total time 3 hr 25 min  | 
“Township economy’ refers to enterprises and markets based in the townships. These enterprises are operated by township entrepreneurs”

• There are minimal understanding and exposure to the opportunities that lie in the townships of South Africa. Coverage about the township economy and its value can serve the communities in the township, government and corporate South Africa.
• There is a demand for government and corporate South Africa to create an enabling business environment for township entrepreneurs to thrive.
• The South Africans that reside in township communities make up a large percentage of the population.
• There are several burning issues that need to be tackled in order to;
Co-create new ideas and ways of doing business in the township.
Enable a supportive environment for township entrepreneurs to thrive and be active participants in the mainstream and township economy.
Create industry led economic hubs in the township.
Enable township entrepreneurs sustainable commercial opportunities to grow their businesses.

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01

From township entrepreneur to township industrialist

There are many township entrepreneurs making a success of their ventures in different sectors. 
On this episode we ask: What has made them succeed?
 How has the township economy been a profitable market for their businesses?
 Can these entrepreneurs build industries that can serve the township economy? 
Lessons they can share 
on their journey.
02

Developing manufacturing hubs in the townships

In the township there is currently no known manufacturing hub in the townships of South Africa. 
Township Communities have become consumption centered areas instead of production economic hubs.
 In this episode we ask: How can we make the township economy of South Africa thrive through productive industries. 

04

Formalising the township economy: Is this possible?

With the necessity to monitor the performance of township entrepreneurs against other industry players in the township and mainstream economy as well as the demand from public and private sector stakeholders to monitor the tangle value and growth township enterprises to 
we ask if a monitoring and auditing mechanism specifically for township enterprises can be created for its unique value offering.
07

How can township entrepreneurs access funding to expand their businesses

Not all township enterprises are informal and micro. Those that have basic operating systems aim to one day expand their product and service offering and improve their capacity to cater to bigger markets. 
In this episode we explore public and private sector institutions support township entrepreneurs to access business financing.


7 episodes