Description
The Gauteng Government has identified the need for a more comprehensive and integrated approach to build and strengthen township economies, and has developed and adopted the Township Economy Revitalisation (TER) strategy. This strategy aims to create an enabling environment within townships, addressing the structural, funding and economic barriers in township economies by:
1. Ensuring an appropriate legal and regulatory framework
2. Promoting manufacturing and productive activities
3. Economic infrastructure support and clustered enterprise development
4. Promoting entrepreneurship development
5. Financing and investing in the township economy
6. Promoting access to markets
7. Promoting innovation and indigenous knowledge systems