People will loot or go back to work if lockdown continues – GG Alcock

Loading player...
GG Alcock is uniquely tapped into the informal economy in the townships and has long been a firm believer that it needs to be acknowledged for the entrepreneurial spirit it brings to South Africa. He warned at the beginning of the lockdown that it would be dangerous to deprive the sector selling vetkoek and veggies on the street from their livelihood. His predictions are starting to ring true as communities all over the country are starting to protest against the lockdown and real hunger is starting to set in. In an interview with Biznews, Alcock told Alec Hogg that if the informal sector is not normalised; people will loot or go back to work. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Apr 2020 12PM English South Africa Investing · Business News

Other recent episodes

GG Alcock says SA's R1-trillion "informal" economy is anything but

South Africa's townships are not a side economy. According to GG Alcock, author of the Kasinomics book series, they're a trillion-rand-plus market that the country's biggest listed companies are already quietly fighting over, from Shoprite's cash-and-carry pivot to Capitec's entrepreneur accounts to Pepkor's handset financing. Alcock, who grew up in…
17 Sep 7AM 49 min

Solly Moeng: BOTH Cyril AND Mashatile are too ill to run the country

In their latest weekly chat, Chris Steyn and Political Commentator Solly Moeng talk about both President Cyril Ramaphosa and Deputy President Paul Mashatile having been declared unfit - because they are too ill - to perform official duties; the US the visa restrictions for certain - still unamed -government officials;…
17 Sep 6AM 16 min