A multimillion rand traders’ precinct in Hammarsdale is expected to boost eThekwini Municipality’s informal economy by providing safer and more conducive trading conditions for local informal businesses.
Launched by the municipality’s Economic Development Directorate in Mpumalanga town in Hammarsdale, the Lucky Mngwengwe Traders' Precinct introduces modernised infrastructure aimed at formalising, protecting and growing the local informal economy.
Launched during Public Service Month, the precinct honours the legacy of late councillor Lucky Nhlanhla Mngwengwe, whom the municipality described as "a deeply respected leader, who was sworn into office in 2006 and served three terms".
The newly developed precinct provides approximately 75 upgraded trading spaces, comprising 23 secure containers and 52 trading tables.
The development is targeted at informal traders, who previously operated under harsh and inadequate conditions. It provides them with essential operational support, including dedicated storage facilities, cleaning services, ablution blocks and 24-hour security.
The site will accommodate a diverse range of vendors selling fast food, cooked meals, fresh fruit and vegetables, clothing and poultry.
During his tenure on the municipality’s Economic Development and Planning Committee, Mngwengwe championed several key development projects, including Hammarsdale Junction Mall, the Mpumalanga Museum and critical local housing developments.
The precinct directly mirrors Mngwengwe's foundational belief that public development must prioritise community needs and dignity.
Speaking at the launch on Friday, Economic Development chairperson Thembo Ntuli described the informal economy as a vital pillar of the city’s local economy.
“It creates livelihoods, supports households, and opens doors for those struggling to enter the formal market. Supporting this sector means supporting thousands of families. We want an informal economy that is supported, recognised, and structurally positioned to grow,” Ntuli said.
The Hammarsdale launch follows last month’s opening of the Mansel Road informal economy development project in the heart of the Durban Central Business District (CBD).
The municipality has urged traders and community members to take pride in the new facility, protect the infrastructure, and utilise the space as a sustainable gateway for business growth and family support.
The infrastructure rollout forms part of the municipality’s broader city-wide strategy to strengthen and support the informal economy and micro-enterprises.
As part of this commitment, the municipality will host a two-day Informal Economy Summit in October, bringing together traders, government representatives, and strategic partners to map out future development priorities and pioneer innovative operational solutions for the sector. – SAnews.gov.za
