EFFORTS by the government to curb the rising tide of informalisation in the economy are falling short due to several structural weaknesses, analysts have said.Despite various policy measures aimed at formalising the economy, weak enforcement, corruption, and lack of coherence in implementation have hampered progress, leading to continued growth of the informal sector.Last year, authorities…
Formalisation efforts face headwinds
Despite these challenges experienced in the 2024/25 season and a difficult first quarter of 2025, the business unit posted revenue that was 54 percent above the same period last year.