Township Informal Economy Report from Standard Bank
The Township Informal Economy Report provides a snapshot of the vital Kasinomics sector in the economy.
Standard Bank launched its inaugural report on 14 October 2026, aiming to understand what drives this sector and support entrepreneurs in reaching their full potential.
Key findings include that approximately 80% of surveyed businesses are unregistered, excluding them from finance and formal opportunities, and that entrepreneurs face tough competition, with an average of 20 similar businesses in a small area.
The report highlights the need to support entrepreneurs in the informal sector to reach their full potential.
The research is based on a survey and interview-based study, providing valuable insights into the informal economy.
Author's summary: Informal sector faces challenges.More News
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