Plans to transform spaza shops to retail stores

SCORES of entrepreneurs this week gathered at Sam Ntuli Stadium in Thokoza to get first-hand information on how the Township Retail Cluster Programme will benefit local businesses.

The entrepreneurs who gathered at the stadium for the launch were pleased to learn of the opportunities the programme brings.

City of Ekurhuleni Finance and Economic Development MMC Fanyana Nkosi expressed his gratitude to the Gauteng provincial government for spearheading the development of the township economy.

“Today's event is a classic example of how the partnership between local and provincial governments can generate public value.

“Local businesses will now move from being a synonym for car washes and barbecue outlets to being potential mega job creators,” Nkosi said.

During the launch, Gauteng premier David Makhura announced that R100 million has been set aside to fund businesses in the townships.

The fund will assist to transform spaza shops into convenience retail stores that are based in the townships.

While Makhura stated the importance of residents supporting businesses where they reside, he encouraged the local entrepreneurs to be organised in a form of business forums or associations in order to benefit from funding available to boost the township economy.

Businesses operating in Ekurhuleni are further encouraged to visit the city’s website, www.ekurhuleni.gov.za to apply for trading permits and apply for business licences.