Instead as a country we need to come up with innovative ways of how we can accommodate informal trading in our country.
Unlike most of the world’s poor countries, South Africa does not have a thriving informal economy.
The Organisation for Economic Co-operation (OECD) estimates, only 15 per cent of South African jobs are in the shadow economy, compared with around half in Brazil and India and nearly three-quarters in Indonesia,” says IFP Caucus Leader in the Gauteng Provincial Legislature (GPL) Bonginkosi Dhlamini.
The OECD attributes this difference to South Africa’s lack of formal policies in trying to bolster this much needed sector.
This problem harks back to what happened in eThekwini Durban where city authorities wanted to move informal traders but didn’t (a) sort of the permit issue (b) try organise an alternative site for informal traders to work ,” concludes Dhlamini.