ABOUT

Why focus on township economic development?

Cities are the engines of growth in the South African economy and metros have to take a wide view of their competitive advantage as a city, in order to optimise this potential. The economy as a whole depends on it. Yet, within every metro, there is significant spatial inequality in the spread of economic opportunity, with townships often marginalised from the benefits of growth in the wider city as well as constrained in their ability to contribute to growth.

This arises from a number of linked apartheid legacies, often compounded by current planning choices, that have the effect of concentrating unemployment and poverty within townships. Within the wider context of economic development strategies for the city as a whole, a particular policy focus and set of strategies is therefore needed on a spatial basis, that takes account of the specific and differentiated challenges facing these areas: as part of city-wide strategy.

The event will focus on:

  • Developing and creating a culture of entrepreneurship – Creating Growth Entrepreneurs
  • Connecting township manufacturers with the mainstream corporate marketplace
  • Facilitating access to skills development for SMMEs
  • Helping to grow an informal business and to then providing the necessary tools and skills to transition it to a formal business
  • Providing a platform for SMMEs to showcase their products and services and to expose them to other market sectors
  • To create long-term growth and business opportunities for SMMEs through government and big business procurement
  • Providing a platform for service providers to showcase the necessary skills, access to financial mechanisms, services, etc. for the informal market sector to thrive and grow
  • To facilitate trade between SMMEs Identifying the needs of the informal market and how these can be addressed and supported.

Who should exhibit at the Township Economies Expo?

  • City Metros keen to develop their township economies
  • Technology service providers, i.e. cellular technology, payment gateways, etc.
  • Financial institutions aimed at supporting & providing financial services to the information market sector in townships
  • Legal Firms keen to support small business with access to legal services
  • Skills development & training institutions
  • SMMEs keen to grow their profile in the market & access new markets

2-Day Premium Ticket for Township Entrepreneurs or any business

To attend please sign up using this form: