South Africa’s Hidden R1 Trillion Powerhouse: The Township Economy on the Rise
South Africa’s informal economy is no longer just a survival mechanism—it’s a booming, R1 trillion powerhouse driving jobs, innovation, and entrepreneurship across townships nationwide. According to GG Alcock, founder of Kasinomics and a leading expert on the informal sector, South Africa’s township economy is valued at between R1 trillion and R1.125 trillion. From spaza shops … Continue reading South Africa’s Hidden R1 Trillion Powerhouse: The Township Economy on the Rise
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