Increasing the number of micro and informal businesses (in particular survivalists, street vendors, hawkers and spaza shops) is a yard stick by which the progress of the Department of Small Business Development is measured. That is clear from the 2016 report of the Parliamentary Committee on Small Business Development (See https://pmg.org.za/committee-meeting/22352/ ). Whilst supporting the poor is laudable, any strategy that wants to regenerate economic growth has to seriously reconsider this approach. Continue reading “Managing the interface between the formal & informal sectors”
EOSA 