SYNERGY

Role of informal enterprises overlooked

Integral and essential part of global commodity and value chains.

In Summary
  • Formal firms accentuate informality through their restructuring processes.
  • This is done where a formal firm downsizes its labour force, thus, forcing people into the informal sector as a means of survival and source of livelihood.

The synergy between formal and informal businesses is a factor that should be leveraged upon by those looking to improve and strengthen the business environment on the African continent.

The ...

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