Hawkers, vendors, a Key part of the economy
Friday, October 15, 2010
Known variously as the subterranean, the hidden, underground, shadow, secondary, black, invisible or parallel sector, this sector faces many challenges.
The growth of the informal sector in general and the vendors and hawkers in particular, is mainly the result of failure by the formal sector to provide employment opportunities for everybody. Kempe Ronald Hope, Sr, says that it has grown "because of the failure of the developing countries to formally make the kind of economic progress that would have allowed for, among other benefits, low urban unemployment rates, a reduction in national poverty rates wages and salaries that kept pace with inflation..."
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...