THE informal sector in Tanzania is the lifeblood of the nation’s economy, providing livelihoods for mil lions and serving as ...
Even if we exclude agriculture, which mostly belongs to the informal sector, the non-agricultural activities unravel a significant proliferation of the informal sector. Further, within the formal ...
The ministry of statistics and programme implementation is exploring new data sources for estimating the informal sector ...
The informal sector’s contribution to GDP is often underestimated due to a lack of reliable data. Integrating informal activities into the formal economy provides a clearer picture of economic ...
The discussion focused on improving the methodology for estimating the informal sector’s contribution and integrating new data sources into the revised GDP series.
For example, the services sector, such as petty/street retail and household services, and subsistence farming may be entirely informal, requiring little capital and/or low skill levels.
In a bold move to address the growing informalisation of Zimbabwe’s economy, Finance and Economic Development Minister Mthuli Ncube has announced a series of new measures aimed at promoting ...
South Africa’s informal sector, often overlooked and undervalued, provides livelihoods to millions and contributes significantly to the GDP. It accounted for 6% of GDP in 2017, while 18.3% of ...
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