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She was responding to Zanu PF Bikita South legislator, Energy Mutodi, who wrote to the minister requesting information on plans to improve job quality in Zimbabwe.
That SMEs are moving backwards into the informal sector is no secret, why is there an incentive for them to deformalise? Answering this, sets us on a path towards inclusive growth.
According to the ILO out of more than five million informal traders in Zimbabwe, 65% are women, throwing more women into sectors such as fisheries that offer hope for steady incomes.
“Although there is debate surrounding the exact statistics that the Zimbabwean informal economy accounts for, what is certain is that the informal economy is over 60%,” Zimcodd said.
The sector constitutes the larger part of Zimbabwe’s economy. It remains unregulated and this offers little to no protection of the law to workers in this sector.