Smart Townships have the power to transform township economies

Smart Townships have the power to transform township economies

While big business remains a substantial source of employment, small, micro and medium enterprises (SMME’s) across the world are widely acknowledged as the more prolific job creators. SMME’s are seen as agile and able to respond quickly to trends and technologies that are rapidly reshaping the global marketplace. Within the current South African context, however, township enterprises fall mainly into a category typified by subsistence-based enterprise, with few employees and low levels of technology.