December 3, 2025Open Access

Uncovering and growing business innovation potential in South African townships

Key Points

Innovation enhances survival in informal businesses, fostering employment and growth.
Evidence-based toolkit designed for informal businesses provides strategies for innovation capabilities.
Workshop held in Philippi Village aimed to empower informal business owners in Cape Town.
Strengthening innovation capabilities may enable sustainable development in local economies.

Abstract

Informal businesses significantly contribute to employment and income generation in South Africa. As HSRC research shows, innovation is crucial to their survival. On 24 and 25 April 2024, the HSRC held a workshop with informal business owners at Philippi Village, Cape Town, to share a new evidence-based toolkit designed to support informal businesses in strengthening their innovation capabilities. This article sheds light on how informal business owners can use the toolkit to foster innovation for business sustainability and growth.

Uncovering and growing business innovation potential in South African townships

Key Points

Abstract

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