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