Jabulani Mall, Soweto. Picture: SOWETAN/ANTONIO MUCHAVE
They offer safe spaces for young adults to shop for a treasured item of clothing, for a mother to buy a trolley of groceries at the same discounted price as those in the wealthy suburbs. And they provide outlets for the same quality of formal banking as wealthier South Africans take for granted. They provide a place for the aged and vulnerable to safely access and spend their social grants.
For the government, these developments are a win-win. Aside from basic infrastructure, not one cent of this investment in economic infrastructure comes from the fiscus — private sector investment-driven malls enable government to sidestep investing public money in enabling infrastructure used to attract investors in local town centres in townships — if these even existed.
There is no doubt that investor confidence in urban townships throughout SA will be shaken by the events of the past two weeks, and this may be the single most difficult thing to rebuild. If a bank’s risk-rating formula shows risk above a certain level it will refuse to lend; if an investor can’t make his or her margins, they’ll walk away — such things are cold and unsentimental.
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Government chaos over causes of riots laid bare as ministers contradict each otherPresidency rejects defence minister Nosiviwe Mapisa-Nqakula’s claim that looting and violence was just criminality The incompetence knows no bounds. SibongileBesan1 PresidencyZA Khu_Ntshavheni CyrilRamaphosa sharon_trad you are a trader with so much ambitious goals towards his clients, a woman with love for others. You're honest when it comes to investment Thanks for changing my life financial i will be greedy if I don’t share this guys Contact sharon_trad for a successful trade I will be forever grateful to you sharon_trad you are indeed a honest person. I won't have be very financial banlace if I didn't take the risk to trade with you. i will be greedy if I don’t share this good news to people contact sharon_trad for a successful trade
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Can employees be disciplined for criminal activities outside of work, if they're caught on camera?opinion: It is not necessary or expedient for an employer to await the decision of a criminal court before considering disciplinary action against an employee, write Gillian Lumb and Mbulelo Mango. persfinza UnrestSA looting persfinza I'm happy to join those who are sharing the good news about liam. I'm not persuading anyone to trade with him but i advise every investor to make the right choice with liam_garret21 i got my withdrawal safely without any interruption. persfinza I owe you an apology to ever doubt your sincerity and professionalism ambrey_marcus . It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. ambrey_marcus persfinza I stand with honesty and I always will promote honesty. Ethans_Rolands You are indeed a honest person. Hey PEOPLE contact Ethans_Rolands for a successful BITCOIN investment and trading, You will be PROUD you DID. Thank me later🕺🕺💼💰💵💡
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Armed men demand security contract from owners of looted Umlazi mall“One forum arrived at Philani with machine guns at the weekend. The community was helping us clean the centre and they just chased everybody off site. The word I got initially was that they were taking over the property and claiming it as theirs.” Wild shantelll_142 has all it takes to turn things well for you with her company platform and strategy on Bitcoin trade and other Crypto currencies..invest with her shantelll_142 and you will have a good return of your investment 🤣🤣🤣🤣
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