Township economy given a boost during a Sunrise Session event held at Khayelitsha iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Roughly 17% of South Africa's entire workforce is engaged in the informal economy, commonly referred to as the township economy and, for numerous families without access to formal employment, this informal sector serves as a crucial means of support.
The lockdowns, load shedding and looting of 2021 hardly encouraged entrepreneurs’ recovery after the recession of 2020. But sometimes environments of uncertainty lead to the birth of great businesses.