BNC#6: GG Alcock - 'Kasinomics' 101, the multi-bn Rand sector that no one talks about

Loading player...
In his keynote address at BNC#6 in Hermanus, 'Kasinomics' expert GG Alcock delved into the informal sector economy, highlighting the resilience and potential of 'Kasipreneurs'. Drawing from personal experiences and case studies, he showcased the success stories of individuals that he has worked with, emphasising their ability to thrive despite challenges like load shedding and limited resources. Alcock highlighted the importance of recognising and supporting these informal businesses, which play a significant role in driving economic growth and creating opportunities in communities. Through initiatives like WhatsApp loyalty programs and rural farming programs, he advocates for a shift in focus towards empowering existing informal businesses rather than solely promoting startups.
20 Mar 2024 10AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min