The Gauteng Township Economic Development Bill, which was tabled today by Gauteng MEC for Economic Development Parks Tau, has received the thumbs-up from Members of the Provincial Legislature. The Bill aims to provide a legal mechanism for the promotion and development of the township economy. In its wide implementation, the Bill aims to unleash a Township Partnership Fund for township-based businesses and support the Taxi Rank economy and Backyard Real Estate developments. Gauteng MEC for Economic Development, Parks Tau.
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