South African property developers planning new shopping malls in townships

• South African property developers are indeed planning new shopping malls in townships to support economic growth and infrastructure development.
• The township economy in South Africa is valued between R750 million and R1 trillion, with a significant portion of economic activity occurring in the informal sector.
• The development of new shopping malls in townships is expected to provide infrastructure, formal employment opportunities, and stronger supplier networks, which can help existing businesses and communities to grow.