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Mandela cuts ribbon on first mega mall in South Africa's Soweto
Published in Saudi Press Agency on 27 - 09 - 2007


Former South African president Nelson Mandela
Thursday cut the ribbon on the first mega mall in the famous Soweto
township, symbolizing the changing fortunes of the former anti-
apartheid hotbed, REPORTED DPA.
The 65,000-square-metre Maponya Mall, named after its 82-year-old
Soweto-born founder Richard Maponya, brings international clothing
brands and upmarket food stores to Sowetans' doorstep.
The mall aims to capitalize on the growing disposable income of
South Africa's burgeoning black middle class.
Total household income in Soweto, home to nearly 1 million South
Africans, is estimated at 10.5 billion rand a year. Until now most of
that money has been spent outside the township.
Maponya said the 650-million-rand mall is aimed at bringing
Sandton City to Soweto, referring to an elite mixed business and
residential district in northern Johannesburg that boasts several
ritzy malls.
He has also expressed hopes the mall would bring over 2,000 jobs
to the township south-east of Johannesburg.
Anti-apartheid icon Mandela was a resident of Soweto for several
years to his 27-year imprisonment for his resistance activities,
living along the same street as fellow Nobel laureate Anglican
Archbishop Desmond Tutu.


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