Approach to formalisation should be more pragmatic

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THE Zimbabwean government’s latest crackdown on the informal economy is both misguided and impractical.While the Ministry of Finance’s measures, including mandatory point-of-sale (POS) machine use and restricting manufacturers from selling directly to informal traders, are ostensibly aimed at increasing tax compliance and formalisation, they fail to address the root causes of informalisation.Instead of forcing businesses…