Mongezi Koko25 May 2024 | 13:40

Africa Day: Joburg residents call on people across continent to support local businesses

A recent study by Brand Africa revealed that 64% of Africans believe in Africa, but only 14% are loyal to African brands.

Africa Day: Joburg residents call on people across continent to support local businesses

Picture: Pexels

JOHANNESBURG - As Saturday marks Africa Day, some Johannesburg residents have called on people across the continent to support local businesses.

Africa Day is commemorated annually and marks the official formation of the Organisation for African Unity in 1963, which was later adapted to the African Union (AU).

ALSO READ: Africa Day: SA citizens highlight lack of unity in the continent

Small businesses in the country face various challenges, including a stagnant economy, load shedding and a lack of financial support.

Johannesburg is home to tens of thousands of small businesses contributing significantly to the economy.

However, a recent study by Brand Africa revealed that 64% of Africans believe in Africa, but only 14% are loyal to African brands.

Local resident Danny Costello said it’s important to empower African entrepreneurs.

“We have so many entrepreneurs in this country, and I do think we need to support them.”

Moses Mosiba, a textile worker in the city centre, said too many raw materials are exiting the country.

“We’re not doing enough, Our governments are not doing enough so that we make brands in Africa that are affordable.”

With celebrations of Africa Day continuing, former President Thabo Mbeki is set to host his annual Africa Day lecture in Guinea on Saturday afternoon.