The hustlers; those are the guys we need to invest in - GG Alcock on informal sector; KZN looting

Author, speaker, and businessman GG Alcock was raised in a mud hut in one of the most poverty-stricken and violent parts of KwaZulu-Natal - Msinga. Brought up in a Zulu community with no running water, electricity, or modern conveniences, Alcock is fluent in Zulu and has an intimate knowledge of the Zulu culture. He joined the BizNews team at the spring BizNews Investment Conference to shed more light on the social unrest which took place in early July. Alcock has previously said he does not believe the looting was carried out by the poor and unemployed. In this excerpt, he appeals to the business community to help elevate and invest in businesses in the informal sector because that's where the opportunities lie. "I don't believe in charity. I don't believe in employing unemployed people because they're unemployable. I believe in the fact that if the people are doing something out there, even if it's selling snacks to school kids, those are the people we should be working with or employing," he says. Learn more about your ad choices. Visit megaphone.fm/adchoices