Background information about informal sector in South Africa
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The South African Informal Sector: Creating jobs, reducing poverty. While the informal sector is the 'forgotten' sector in many ways, it provides livelihoods, employment and income for about 2.5 million workers and business owners. One in every six South Africans who work, work in the informal sector.
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South African Informal Sector:
- Work creation, poverty reduction although the informal sector is in many ways the forgotten sector, it provides employment, livelihoods, and income for about 2.5 million employees and business owners.
- One in six working South Africans works in informal sector. There is no lack of creative effort and a will to develop. Nevertheless, barriers and restrictions trigger difficulty and loss, leading to, rather than eliminate, the need for well-designed policies to allow and sustain the industry. The same is true with respect to formalization.
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