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        <title>Polity.org.za | Sydney Majoko - Township Economy</title>
        <description><![CDATA[Polity.org.za offers a unique take on news, with a focus on political, legal, economic and social issues in South Africa and Africa, as well as international affairs. Polity strives to provide our readers reliable and objective reporting on important issues that drive our society.]]></description>
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            <title>Govt moving to  accelerate measures to boost township economy</title>
            <link>https://www.polity.org.za/article/govt-moving-to-accelerate-measures-to-boost-township-economy-2018-08-03</link>
            <description><![CDATA[One of the most frustrating realities of government operations is the red tape that entrepreneurs experience when they seek assistance. The slow wheels of government-led initiatives tend to drive many entrepreneurs to despair before they even embark on the first step of their economic endeavours. So, it is a welcome development when government itself steps out of its normal beaurocratic operations to take part in initiatives that are meant to sidestep the red tape and accelerate the ...]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 10 Aug 2018 00:00:00 +0200</pubDate>
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        <editor>Martin Zhuwakinyu</editor>
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            <title>Govt speaking with one voice on township economy</title>
            <link>https://www.polity.org.za/article/govt-speaking-with-one-voice-on-township-economy-2018-06-01</link>
            <description><![CDATA[For a long time, successive governments in this country have struggled to characterised the township economy. It is not that they did not acknowledge the existence of the township economy; the reason is that this economy was not recognised as a standalone econopmy towards which funds could be directed and projects undertaken to enhance and grow it. That is changing, however, and it would seem different levels of government are recognising the township economy and what it can do for the country. ...]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 01 Jun 2018 23:59:00 +0200</pubDate>
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            <title>Listeriosis shows fragility of township economy</title>
            <link>https://www.polity.org.za/article/listeriosis-shows-fragility-of-township-economy-2018-03-19</link>
            <description><![CDATA[When the impact of the listeriosis outbreak is eventually analysed, it is quite possible that the township economy will be mentioned only as a footnote in official reports. Even though the actual cause of the deadly outbreak was discovered when children were admitted to Chris Hani Baragwanath Hospital, located in South Africa's biggest township, the actual source of the bacterial epidemic was traced to a factory in Polokwane that is owned by Tiger Brands. Gauteng Premier David Makhura  had for ...]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 06 Apr 2018 00:00:00 +0200</pubDate>
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            <title>Stokvels changing  the face of the  township economy</title>
            <link>https://www.polity.org.za/article/stokvels-changing-the-face-of-the-township-economy-2018-02-23</link>
            <description><![CDATA[Stokvels, defined by Oxford Dictionary as "a savings or investment society to which members regularly contribute an agreed amount and from which they receive a lump sum payment", usually at the end of the year, are one of the most common features of the township economy. They have always had a consumptive nature. In fact, most township residents who are members of a stokvel know it as nothing more than a savings club that gives members the discipline to save monthly, which most members fail to do on their own.]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 23 Feb 2018 00:00:00 +0200</pubDate>
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            <title>World-class events benefit the township economy</title>
            <link>https://www.polity.org.za/article/world-class-events-benefit-the-township-economy-2018-01-26</link>
            <description><![CDATA[Most South African townships are built along similar physical lines. They consist of a lot of bland structures that provide for the basic need of accommodation but nothing more. Sure, some people have displayed the need to be different and embarked on changing their dwellings. But in terms of economic character there is nothing much that differentiates one township from another. Recently, however, some have come out into their own and taken initiatives that enhance their economic landscape and ...]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 26 Jan 2018 00:00:00 +0200</pubDate>
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            <title>The changing face of  the township economy</title>
            <link>https://www.polity.org.za/article/the-changing-face-of-the-township-economy-2017-11-24</link>
            <description><![CDATA[In the late 90s and early 2000s, whenever a township dweller spoke of his or her  family being in business, it meant one of two things: they either owned a retail shop or were in the taxi industry. That is what business in the township was all about in those days. There was the odd different business but, in the main, township businesses were of the retail kind. This gave rise to a few business types based on the taxi industry and the retail sector: mechanical workshops, spaza shops, taverns ...]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 24 Nov 2017 00:00:00 +0200</pubDate>
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        <editor>Martin Zhuwakinyu</editor>
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            <title>Unique financing needed for the township economy</title>
            <link>https://www.polity.org.za/article/unique-financing-needed-for-the-township-economy-2017-10-06</link>
            <description><![CDATA[One of the township economy's most crippling challenges is the lack of access to easily obtainable finance that is available at short notice. It is generally accepted that financial institutions will do proper due diligence investigations before giving their clients funds for their business venture. After all, banks are businesses. Most of the businesses in the township economy cannot access these funds because of their informal nature. Yes, businesses that can formalise their operations to the level and standards of a business in the formal, mainstream economy must be encouraged – and helped – to do so, but it must also be acknowledged that a spaza shop owner will not have the cash flow to afford an auditor or an bookkeeper.]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 06 Oct 2017 00:00:00 +0200</pubDate>
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            <title>Township pop-up  markets one way of  tackling spatial problems</title>
            <link>https://www.polity.org.za/article/township-pop-up-markets-one-way-of-tackling-spatial-problems-2017-09-01</link>
            <description><![CDATA[The one thing about the township economy that is always going to be a hindrance is space. Owing to the terrible spatial planning of the apartheid era, a real concern for any aspiring township entrepreneur is the size of his or her business and any associated space required for things like parking. It is those entrepreneurs that can come up with viable solutions to this problem that can make proper use of their limited space and make a success of his or her business venture. One way that is proving successful in negating the space problem is one I have advocated for before in this column – turning to pop-up events to conduct businesses that would otherwise require permanent, large spaces. Three townships recently used this phenomenon successfully in three different ways.]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 01 Sep 2017 00:00:00 +0200</pubDate>
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            <title>Competition body conducting probe into township economy</title>
            <link>https://www.polity.org.za/article/xx-2017-07-26</link>
            <description><![CDATA[Competition Commission investigation into Township Economy More than two years ago, we had the so-called xenophobic attacks directed at foreign nationals in the country, but with a specific interest on their businesses in the townships. It was not the first time this happened and certainly was not the last wave of attacks.]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 04 Aug 2017 00:00:00 +0200</pubDate>
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            <title>Reimagining the  township economy</title>
            <link>https://www.polity.org.za/article/reimagining-the-township-economy-2017-06-02</link>
            <description><![CDATA[Whether one considers it as being positive or negative, the theme of radical economic transformation has been thrust onto our political discourse. That the term has not been clearly defined by its proponents does not mean it cannot be used in the exchange of ideas about our socioeconomic issues. One person who has taken the theme and run with it is TVET College Debate Championships founder and convener of Lukhanyo Vangqa. In an article published on the Huffington Post (South Africa) website, he suggests that, in the township setting, radical economic transformation should mean "imagining townships into what they should be".]]></description>
            <author>Sydney  Majoko</author>
            <category>TOWNSHIP ECONOMY</category>
            <pubDate>Fri, 02 Jun 2017 00:00:00 +0200</pubDate>
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