Kgotatso Tilodi writes that he agrees with the views expressed in a column written by Tsietsi Ngobese, in which he argues the township economy remains underdeveloped.
Successful graduates originally from townships should consider using their knowledge, skills and expertise to help build the informal sector and the black economy at large.
The support required from the government or private sector can be compensated by professionals in townships uniting to form an organisation to assist with developing and providing solutions to problems that the informal sector face.
Perhaps financially advanced corporations would rather consider forming partnerships, offering free services or affordable marketing tools to small and micro business owners through the intervention of local township professionals or graduates, specialising in different sectors of the economy.
When talking about improving the circulation of money within the black economy, let us consider rural areas as a starting point.
The strategy will be to create a rural economy that gives consumers an incentive in rural areas to stop travelling all the way to town to purchase goods and services from such large corporations.
There is good vegetation, climate, land, livestock and herbal plants in rural areas. Why should we consider buying from expensive supermarkets if we have the capacity to process such raw materials or resources into valuable products that will attract a market from neighbouring towns?
Let us come up with initiatives that will ensure good production and supply of goods and services in rural areas; this can be a catalyst to achieving a good circulation of money within the black community.
I agree with Tsietsi Ngobese that this will only be possible if graduates and professionals born in such communities are willing to serve the community with the aim of growing the economy.
- Kgotatso Tilodi, Roodekop, Germiston.