8.2 million stokvels with 11.4 million members control R5 billion in savings.The aggregate township market represents hundreds of billions of rands in spending power.The aggregate township market represents hundreds of billions of rands in spending power 8.2 million stokvels with 11.4 million members control R5 billion in savings.Half of South Africa’s population live in the estimated 532 townships around the country.Big business is taking a renewed interest.” His take-out from this survey: “It would appear from this report that entrepreneurship, innovation and creativity are playing an increasing role in the dynamics of township life. Stuart Pennington, whose passion is promoting SA through The Good News (Pty) Ltd, shared these highlights from the survey in which 1421 respondents answered 29 questions. Their 2022 Township CX Report continues the momentum from their 2021 inaugural report by aiming to plug the gap with data collected from the very source – township and informal settlement residents.Īccording to the report, the vibrant, culture-rich Township Economy is alive and a thriving market representing hundreds of billions of rands in spending power – a market largely untapped and misunderstood. To this end, a key survey on township economy in South Africa by marketing strategists Roger Wilco lends credence to the potential that lies in the township economy. FASA’s commitment to taking the franchise model into all sectors through an initiative with Inani and the Services Seta speaks to contributing to the upliftment of communities around the country.
0 kommentar(er)
