How the informal sector in Zimbabwe has become a ‘critical risk’

How the informal sector in Zimbabwe has become a ‘critical risk’

How Zimbabwe’s booming informal sector is shortening government revenue Zimbabwe’s economy predominantly operates within the informal sector, comprising over 75% of economic activity. This trend arises from decades of economic issues, such as job shortages, inflation, and currency instability. The informal sector provides livelihoods but contributes minimally to government revenue due to tax non-compliance. This is according to the results of …

How the informal sector in Zimbabwe has become a 'critical risk' - Zimbabwe Situation

Source: How the informal sector in Zimbabwe has become a ‘critical risk’ | Business Insider Africa A recent report indicates that Zimbabwe’s economy is fueled by the informal sector, with more than three-quarters of all economic activity taking place outside of established legal frameworks. How Zimbabwe’s booming informal sector is shortening government revenue Zimbabwe’s economy predominantly operates within the informal sector, comprising o…