Deregulate SA’s informal sector to create jobs, UCT and Harvard study urges
Abnormally low informal sector activity may be the reason for the country’s persistently high unemployment, the paper argues
12 December 2024 - 13:07
UPDATED 13 December 2024 - 07:56
SA can make a dent in unemployment if it frees the informal sector from overbearing regulations, including restrictive zoning in urban centres, a working paper from UCT in conjunction with Harvard University suggests.
The paper says the country’s high unemployment could be partly explained by informal sector activity that is abnormally low relative to its peers...
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