Mark Barnes Columnist

Service delivery protests are not going away. If anything, they will probably intensify. We simply must put money into our informal sector. Final resolution will not be found in just meeting basic living standards demands. That’s necessary, but it’s not the endgame. Investing in our township economies is at the core of broad-based economic transformation. It is the bridge we need to build to address economic inequality. We don’t need any more skyscrapers in Sandton. What are they, after all, if not just piles of cash stacked on top of each other as a monument to businesses that are going ex-growth? While they’re being built, and for some service providers afterwards, they may create temporary jobs, but they don’t create new customers or grow new businesses opportunities. Huge head offices are often the tired endgame, not the new shoots of business. PODCAST: South African consumers are going through the most. Subscribe: | Spotify | Apple Podcasts | Pocket Casts | W...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now