Strategic Interventions towards Enhancing Rural and Township Economy Revitalisation by the Wholesale and Retail Sector
This report represents the analysis and understanding of the economic environment within rural areas and townships (as defined by (Haggblade, Hazell, & Reardon, 2007) and (Li Pernegger, 2007)).
The purpose of this report is to understand what research has been done on strategic interventions to revitalise both the rural and township economies, as well as to make recommendations on how to bolster current revitalisation efforts. The literature reviewed showed a bias towards the retail SMME sector within townships at the expense of wholesale and manufacturing, which, along with retail and due to their symbiotic nature, are a necessity in order to have truly thriving rural and township economies. Further, the rural economy needs to be taken cognizance of the imbalances of the past are to be addressed, and some of the issues currently faced in townships are to be addressed.
Abstract based directly on the original source