KasiNomic Revolution, GG Alcock
KasiNomic Revolution, GG Alcock
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KasiNomic Revolution
The Rise of African Informal Economies

Author: GG Alcock

Narrator: GG Alcock

Unabridged: 7 hr 15 min

Format: Digital Audiobook Download

Publisher: Audioshelf

Published: 06/15/2020


Synopsis

Prepare for this new generation, prepare for the Afripolitan Generation. A revolution is taking place in the great marketplaces of the informal sector and it contains an unquantified scale and power as an economic engine and a way of life for the majority of our low income populations. The KasiNomic Revolution may still be a murmur in the streets, a grassroots economic groundswell, but it is the future of African economic activity. Kasi is the South African term for the township – a teeming conurbation of homes and businesses, entertainment venues and social meeting places. GG Alcock uses the term KasiNomics to describe the informal sectors of Africa, whether they are in the township, a rural marketplace, at a taxi rank or on a pavement in the shadow of skyscrapers. Brought up in a rural Zulu community GG has learnt and shares the lessons of African culture, language, stick fighting, lifestyle and tribal politics, along with shared poverty and community, which have prepared him for accessing the great informal marketplaces of Africa. GG Alcock is uniquely placed to uncover and share the extraordinary stories of kasi businesses in which they not only survive but excel, revealing a revolutionary entrepreneurship which is mostly invisible to the formal sector. KasiNomic Revolution is a story of kasi entrepreneurs on one side, on the other great corporate success stories and failures in the informal economy. KasiNomic Revolution is at once a business book, and at the same time a deeply human book about the people and lives of rural and urban informal societies. KasiNomic Revolution is about the lessons of marketing, distribution, culture and modernity in an informal African world.

Reviews

Goodreads review by Magda on May 31, 2024

It’s a very good book about the South African informal sector. I had had an inkling about it, judging from people’s entrepreneurial spirit I’ve seen with side hustles but no formal knowledge of it. Now I have the latter. Unfortunately, I’m not sure whether the government will take anything of it to......more

Goodreads review by Mike on March 06, 2025

Very eye-opening look into the informal economy of South Africa, and to an extent, Africa itself. As a small business owner is was humbling learning how folk with far fewer opportunities and support structures than me survived and even succeeded, many times over! Many of the numbers the quotes are al......more

Goodreads review by Chirag on October 17, 2020

Specifically for those building route to market in Africa this book shares importance of informal economy in Africa and the opportunity. It gives some interesting example of success of local brands and failures of large brands......more

Goodreads review by Jandri on April 03, 2019

Makes One Think Great book! What we perceive to be the real world is not always the real world. And by not being open to the world we are definitely missing major opportunities to add value to society. This is a book everybody should read!......more