- Title
- Towards economic growth through informal economy: a comparative study of South Africa, Nigeria, and Kenya
- Creator
- Leburu, Phemelo
- Subject
- Economic development -- South Africa
- Subject
- Finance -- South Africa
- Subject
- Informal sector (Economics)
- Date Issued
- 2024-12
- Date
- 2024-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/70187
- Identifier
- vital:78309
- Description
- Across the three countries studied, evidence has shown the importance of the informal economy to economic growth. Informal economic activities employ many people across economies and provide an opportunity for income generation and poverty alleviation. This study sought to explore and gain insight into the informal economy’s contribution to economic growth, specifically focusing on South Africa, Nigeria, and Kenya. A descriptive qualitative study was adopted, where extensive document analysis was conducted to address the study objectives. The study's main findings are that informal economic activities are similar across countries, and these activities are characterised by not paying taxes and being unregistered. Informal economic activities employ millions of people. Several issues, such as inadequate workspaces, unfavourable working conditions, harassment by law enforcement, and employment uncertainties, also hamper the success of informal business ventures. The study concluded that governments of all African countries work on informal economy policies and recommends that the state needs to implement policies to protect and foster the longevity of informal businesses.
- Description
- Thesis (MPhil) -- Faculty of Business and Economic Sciences, School of Economics, Development and Tourism, 2024
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (88 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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- Visitors: 8
- Downloads: 2
Collections
NMU School for Economics, Development and Tourism
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | LEBURU, P.pdf | 899 KB | Adobe Acrobat PDF | View Details Download |