DURBAN - The Mayor of Johannesburg Herman Mashaba officially launched the R144 million Joburg People’s Market expansion project with a sod turning ceremony which will see an additional 28 stalls added to the existing 71 stalls.
There will also be numerous facility upgrades that will assist entrepreneurial, and therefore, economic growth in Johannesburg.
Present at the sod turning ceremony was the MMC for Economic Development, Councillor Leah Knott, and the Market’s Chief Executive, Ayanda Kanana. The expansion is expected to create 262 jobs during and after construction.
The People’s Market, which totals around R250 million annual purchasing, is an informal satellite market that forms part of the Joburg Market, the largest fresh produce market in South Africa and all of Africa by volume and value. By way of comparison, the Joburg Market is twice the size of the second ranked market in the country and bigger than 17 other local markets.
The Joburg Market, measuring a total of 65 000m2, serves about 5 000 farmers from across South Africa who send their fresh produce to be traded to a larger buyer base, averaging about 10 000 daily.