GG Alcock on the township economy | Solutions With David Ansara Podcast #77 

Fascinating interview

GG's books: www.ggalcock.com/gg-books/

Interview with GG Alcock was very uplifting. So pleased at the news that the ‘independent’ economy is doing so well. True free market enterprises. 🤙🤙🤙

With regards to all the rules and regulations for businesses. Just goes to show how out of touch the ANC are with their voters and reality.

Before you come to South Africa we haved Spazas don't do as if we never had one leave this country alone

super interesting - great "alternative perspective" how do we elect him to be minister of SMME's?

Start small. Community empowerment. Local vegetable garden and market. Co-op. The local churches can assist.

The Chisa nyama example is true,fast food benefiting from loadshedding.

How does the kasi economy / kasi-based middle class not have to struggle like the rest? Are they not paying their taxes? Considering they deal mostly in cash it seems entirely possible that the "formal" economy is breaking their backs while the informal economy just doesn't pay.

Yes GG Alcock, to register for VAT is very onerous. As is trying to submit employee UIF. Often one hits a brick wall especially with badly designed websites.

What is the sense in the banks decision to not finance Thabiseng's property investment? Why would they prefer to finance a depreciating asset instead?

An illegal hustler would be a drug dealer, stolen goods, fraudster etc but then one could say Jooste was an illegal hustler. 😁

Good content guys 👏

Each EFT bank transaction costs R10 . Very high.