Informal Sector Panacea To Unemployment
By Susan Chipanga, The Herald, Zimbabwe- “Adapt or perish”; the saying by British author HG Wells is more applicable now in the socio-economic-political environment that characterizes our beloved Zimbabwe. Zimbabweans have been more resilient, finding innovative ways to survive under the biting effects of the illegal sanctions imposed by the West.
One area that has cushioned Zimbabwe has been the informal sector. Gone are the days when the informal economy was viewed as an outdated relic of under development destined to be replaced by regular paid jobs. In spite of the gross neglect of the informal sector by policy makers, this sector of the economy has shown resilience and strong dynamism during the country’s economic downturn experienced in the past decade and more.
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