Informal Sector
Township entrepreneurs deserve parity in R1-trillion economy
Millions of township entrepreneurs in South Africa's independent economy have built a R1-trillion sector, yet face systemic barriers to formal recognition. A new Standard Bank report highlights that 80% of these businesses remain unregistered, prompting calls for redesigned accountability and respect equal to that given to corporates. Authors from UNDP and Wakanda Food Accelerator argue for parity through community-based systems and tiered regulations.