High costs cripple township economy: Qhawe Mahlalela, Competition Commission

Township and rural businesses are struggling to break into bigger markets due to high costs and tough regulations.

A new report by the Competition Commission sheds light on these challenges and their impact on small businesses.

The report finds that complicated permits, licences, regulations, and compliance requirements are making it harder for small businesses to formalise, access markets, and expand.

For more on this issue, we are joined by Qhawe Mahlalela, a principal economist from the Competition Commission and co-author of the Rural and Township Economy Report.

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