Soweto businessman Richard Maponya plans to invest just over R1.1 billion within two years in building another mall and a motor dealership network.

Developers, heeding the demand by families and young professionals for affordable homes to rent, have just released hundreds of newly built double story apartments in Soweto to rent for R3200 a month including parking.

Maponya Mall, has proven to be a major draw card for national retailers eager to claim a share of the estimated R4.3 billion Soweto consumer market, as determined by the City of Johannesburg.

The entrepreneurial spirit comes in to play in the sale of residential property