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Standard Bank unpacks informal economy – CAJ News Africa
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Standard Bank unpacks informal economy – CAJ News Africa
by AKANI CHAUKEJOHANNESBURG, (CAJ News) – NEARLY 80% of township businesses in South Africa operate without formal registration, limiting their access to finance, markets, and digital infrastructure. This is the key finding from Standard Bank’s inaugural Township Informal Economy Report, released this week. The study provides a comprehensive view of South Africa’s vibrant but under-supported informal sector. Despite contributing nearly 19.5% of …
·South Africa
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