Takealot in R150 million deal to help boost businesses in South Africa

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Online retailer Takealot has penned a R150 million partnership with the Gauteng provincial government to help train and build up local businesses.

The Gauteng Department of Economic Development and Takealot have entered into a R150 million partnership to bring township businesses into the growing digital market economy through training and additional opportunities.

The agreement, signed on 18 April, promises to launch various programmes in townships across Gauteng and “create 20,000 jobs.”Bringing more products made in the townships by SMEs and local industries onto the Takealot marketplace;and allowing various township businesses to be resellers of Superbalist stock;

 

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