informal sector

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Business / Economics

Report Targets Growth in Informal Economy

A new report launched in Windhoek aims to enhance understanding of the informal economy and support inclusive growth. The Diagnostic Report on Informality, developed by the Bank of Namibia with government ministries and the UN, highlights key challenges and policy solutions for a sector that sustains most citizens, particularly women and youth. Dr Michael Humavindu is the Chairperson of the National Working Group on Informality and Executive Director in the […]

today12 November, 2025

Namibia

Interview: Blue Growth Series Attracts Over 340 Entrepreneurs, Spotlight on Informal Sector

Standard Bank’s latest entrepreneurship initiative — the Blue Growth Series — has received over 340 applications within two weeks, with close to half coming from the local informal economy. This was revealed by Arinze Okafor, the founder of the Namibia Investment and Finance Academy (NIFA), during an interview on Fresh FM earlier today. “The response has been overwhelming,” Okafor said, noting that approximately 170 applicants are informal traders such as […]

today28 July, 2025

Business / Economics

New Website Connects Larger Enterprises with Informal Microenterprises

A brand marketing expert has created a website aimed at supporting the informal micro-enterprise sector in promoting their access to goods, services, and financing. Corresponding for us is One Africa TV's NewsOnOne reporter, Selma Taapopi who reported on Pierre Mare, the specialist behind the platform's design. Mare explains that it will facilitate connections between larger businesses and informal and microenterprises.  

today4 February, 2025

Local

Empowering Women Micro-Entrepreneurs through Digital Literacy: HP-GSB Completes Successful Training Programme

  Last week, the Harold Pupkewitz Graduate School of Business (HP-GSB), in partnership with the Ministry of Gender Equality, Poverty Eradication, and Social Welfare (MGEPESW), successfully concluded a four-day Digital Literacy Training Programme for women micro-entrepreneurs. The training, held in the Khomas Region, is part of the EntreprenHer Programme, an initiative focused on fostering the growth of women-owned businesses through essential skills development. The programme is a component of Phase […]

today12 November, 2024

Africa

Uganda’s tax system isn’t bringing in enough revenue but is targeting small business the answer?

      By Maria Jouste, United Nations University   Uganda, with a fiscal deficit of 5.6% in 2023, has increasingly turned to local resources to make up for its revenue shortfall since the World Bank suspended its funding on 8 August 2023 over the country’s anti-homosexuality law. In early April 2024, traders in downtown Kampala protested against what they saw as high taxes and harsh enforcement tactics of the […]

today29 April, 2024

Opinion Pieces

Building Trust in Business Transactions

    Opinion Piece by Thabo Molefe, Head of Africa Regions at TransUnion for consideration   Operating a business today is almost impossible without the insights and understanding provided by data. Data enables informed decision- making, problem solving, deeper business and customers insights, and enhances operational efficiency and agility. Data, in the context of a credit bureau, has become integral to the success of many financial services organisations across the […]

today15 April, 2024