Browsing Tag

Spaza

Somali Spaza Shops in Cape Town Resume Business After Tense Gang Truce

CAPE TOWN, South Africa (AX) — After a two-day hiatus marked by protests against rampant extortion, Somali-run spaza shops in Khayelitsha's Site C township reopened on Friday. The decision to shut down wasn’t made lightly; local traders felt compelled to act as the threat from gangs escalated to levels that were simply unbearable. Imagine a community reliant on small, informal shops for daily essentials, which suddenly find themselves devoid of those crucial resources. June 11 and 12 felt particularly bleak for many…

South Africa Unveils Spaza Fund to Boost Local Businesses in Townships

In a significant move to invigorate local economies, the South African government has initiated applications for the R500-million Spaza Shop Support Fund (SSSF). This initiative aims to enhance the sustainability and growth of spaza shops—those familiar neighborhood convenience stores that serve as lifelines for township and rural communities. During a recent announcement, Minister of Trade, Industry and Competition, Parks Tau, highlighted the transformative potential of this fund. “We are committed to empowering our…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More