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Why we really need to take South Africa’s informal entrepreneurs more seriously
South Africa’s informal economy is booming. However, the lack of reliable data and realistic policies from government means millions of people are without security and support on the one hand, while potential opportunities are wasted on the other.
If trends revealed by Leif Petersen from the Sustainable Livelihoods Foundation are to be taken seriously, townships are well on their way to becoming the future of the country’s cities and thus its economy.
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