THE Gauteng provincial government has called on residents to comment on the Gauteng Township Economic Development Bill now under discussion, the ANC Caucus in the Provincial Legislature announced on Thursday.
The caucus said the provincial government has a clear mandate to put in place an enabling Legislature framework to develop and boost township economy.
“Many people in the townships are employed in the Second economy as the township economy is often referred, which overlaps to what is referred to as the informal economy,” said the party’s chief whip Mzi Khumalo.
“The nature of the jobs in the second economy are mostly survivalist in nature.”
He said the bill seeks to provide a regulatory framework to enable people in townships to establish viable and sustainable businesses in their communities.
The bill further aims to promote the diversification of the economy through regulation of participation of township based enterprises in certain sectors.
“Investment in
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