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Informal sector costs Nigeria $8.8bn in forgone revenue – AfDBNigeria is losing about $8.8bn every year due to its large informal economy, the African Development Bank said in its 2025 African Economic Outlook report.The report noted that while informal ...
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The Business & Financial Times on MSNBeyond compliance: A roadmap to inclusive and digital taxation in informal sectorBy Dickson ASSAN &Ahmed TAHIRUGhana’s informal sector employs nearly 80percent of the workforce yet contributes only 27.4percent to GDP, according to the Ghana Statistical Service’s Status and Quality ...
In the face of economic uncertainties, the informal sector demonstrates remarkable resilience and adaptability.
Capitec CEO Gerrie Fourie recently claimed South Africa’s unemployment is closer to 10% than the official 32.9% if we count the enormous informal sector – which, by some accou ...
This report explores the definition of informality as well as how big the informal sector is and what its growth trajectory is like. In addition, the report explores informal employment, retail ...
“Why is it that there has been low participation for the informal sector in pension? Is it low awareness because some earn more than people in the formal sector?
Informal and formal employment figures in 2023 According to the report, in 2023, the total informal employment including agriculture was reported to amount to 3.45mn persons with 1.83mn (53.2%) ...
Based on the challenges faced in taxing the informal sector, the writer recommends amendment of the modified taxation threshold from GHC 500,000 to GHC 200,000 and amendment of the VAT threshold ...
This chapter investigates the link between informality and growth in Madagascar and aims for a better understanding of the informal sector. It provides an analysis of the characteristics of informal ...
LABOR and employers groups as well as government agencies have sought amendments to bills seeking to protect freelancers and workers in the informal sector. Among the provisions that were cited for ...
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