Understanding the Needs of Township Businesses: A Call to Action

21st May 2024

Township businesses, often overlooked in mainstream economic discussions, are the lifeblood of many communities across Africa. These enterprises play a vital role in driving local economies, creating jobs, and fostering entrepreneurship. However, they face unique challenges that hinder their growth and sustainability.

In an effort to better understand the needs of township businesses and advocate for tailored support initiatives, the upcoming Township Economies Conference & Expo taking place on the 30 – 31 July 2024 at Emperors Palace in the City of Ekurhuleni, aims to  identify key challenges and opportunities facing these enterprises and explore how to overcome some of them. The event aims to shed light on the following critical areas:

"Township businesses are an integral part of the economic fabric of our communities, and it is essential that we address the challenges they face," said Liz Hart, Managing Director at the Township Economies Conference & Expo. "By understanding their needs and advocating for targeted support initiatives, we can assist to unlock the full potential of township entrepreneurship and drive inclusive economic growth."

The Township Economies Conference & Expo calls on governments, policymakers, development organisations, and the private sector to prioritise the needs of township businesses and invest in initiatives that support their growth and sustainability. Together, we can create an enabling environment where township entrepreneurs can thrive and contribute to the prosperity of their communities.