Transitioning from the Informal to the Formal Economy: Charleen Duncan Explores A Problem Of Crisis Proportions

The informal economy plays a vital role in creating jobs and reducing poverty. The sector employs 2-billion people globally and 2.4-million people in South Africa – representing 17% of SA’s labour force – and provides for the economic needs of many more. South Africa’s National Development Plan (NDP) recognises the growth potential of the informal sector and projects that …

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