Formulate Informal Sector Policy BIPDA

The policy think-tank’s latest report on characteristics of firms in Botswana’s Informal Economy has suggested for the creation of a sector-specific policy. BIDPA argued the current ones do not exclude the development of the informal economy, but also do not adequately address the growth and development of the sector.

“The current policies in place are important in growing businesses, however fall short in assisting the informal sector because of requirements such as licensing which forms need to get the necessary assistance,” the reports reads in part. Botswana has a large informal economy which continues to grow at a rapid rate. However, the sector faces a number of challenges that hinder its growth and development.