
A spaza shop, also known as a tuck shop, is an informal convenience shop business in
South Africa, usually run from home. They also serve the purpose of supplementing household incomes of the owners, selling small everyday household items. These shops grew as a result of sprawling townships that made travel to formal shopping places more difficult or expensive. In recent times
Somalis in South Africa
Somalis in South Africa are residents of South Africa who are of Somalis, Somali descent.
The earliest communities were formed in Cape Town and surrounding areas in the late nineties and early 2000s. A number of Somali-South African residents have ...
are noted for running spaza shops in
black townships.
South African banks are trying to win spaza shops as "bank shops" offering minimal banking services at lower costs than full bank branch offices. The link to the bank's back office is mostly via
mobile phone based
mobile banking.
References
External links
Business in South Africa
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