Thursday, June 4, 2009

Entrepreneur Kicks Off Community-Based Job Creation Plan

A South African entrepreneur is hoping to set up a countrywide network of community-run co-ops that would add about 21,000 jobs to the economy.

John Eschenburg, the founder of ReaGile iHs, which aims to establish franchised cooperatives in each township in South Africa, explained that it was aiming to roll out about 1 200 cooperatives, consisting of a cinema unit, a mini police station and a mini clinic across the country.

The units would broadcast films and sports events at a fee. However, five big screens mounted outside the facility would also broadcast free educational material and sporting events, such as the 2010 Soccer World Cup.

Each cooperative, which would employ about 21 people and be owned and managed by community members, would be run on a franchise basis, without the members having to pay franchise charges.

Source:
Community project to take 2010 soccer World Cup to townships
Engineering News
May 22, 2009