- Title
- The social capital of informal economy operators in the Walmer township
- Creator
- Frimpong, Kusi Amoah
- Subject
- Infrastructure (Economics) -- South Africa
- Date Issued
- 2021-12
- Date
- 2021-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/53910
- Identifier
- vital:46033
- Description
- In recent years, South Africa has witnessed a significant increase in the unemployment rate. As a result, many people found themselves in the informal sector, which has become their livelihood option. Townships, which have been historically disconnected from the socio-economic grid, have high unemployment, and the informal sector is barely recognized and supported by the government. Despite this, the informal sector thrives and continues to support many households and communities. It also contributes to the country’s GDP. Thus, this study set out to develop a better understanding on the issues around social capital and informal operators, using Walmer Township as a case study. Literature related to the study on informal sector and social capital was reviewed to gain insight into the views of other writers on the topic under study. A Qualitative research design was adopted in this study. The study used both primary and secondary methods for data collection, - that is interviews and documents analysis respectively. Data was analysed through inductive thematic analysis. The findings of the study showed that social capital is a contributing factor to the growth of an informal economy. The findings revealed that bonding and bridging social capital has a significant effect on the growth of informal businesses. The study equally found out that the informal sector faces other challenges, outside social capital, such as crime and security issues, and inadequate trading spaces. The study recommends that, -the government should consider improving the security needs of the Township to boost the informal sector. The local government needs to organize programs to educate informal business owners on the importance of social capital.
- Description
- Thesis (MA) -- Faculty of Business and Economic Sciences, 2021
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (x, 83 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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Collections
NMU School for Economics, Development and Tourism
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Frimpong, K.pdf | 828 KB | Adobe Acrobat PDF | View Details Download |