Home » Uncategorized » Building ekasi Economies; cash must bounce more than once in ekasi and remain there.

Building ekasi Economies; cash must bounce more than once in ekasi and remain there.

CYSTuks Upcoming Events

July 2013
M T W T F S S
« Jun   Aug »
1234567
891011121314
15161718192021
22232425262728
293031  

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2 other followers

Goodreads

Advertisements

See on Scoop.itE corner

By Roche Mamabolo As someone who grew up in a township, my parent’s house is just behind a shop called Sibakhulu Retail Store. I loved this shop because it was very close to my where I grew up, so …

Hemis Lacala‘s insight:

Statistics highlight that Soweto has a GDP of more than R10 billion per annum. This is in terms of income/salaries that people in the township earn. However statistics also states that there is huge outflow of money from the township due to people purchasing goods and services in town instead of in ekasi, the shopping malls that open in ekasi also contribute to the outflow of cash from ekasi. The phrase often said is: like a tennis ball, money bounces once in the townships and then it goes out immediately

See on rochemamabolo.wordpress.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: