DIGITAL INCLUSION IN THE SOUTH AFRICAN INFORMAL TRADE – PART 2

Authors:  Liesl Pearson & Marilu Smit A 2023 study1 by Forbes and Mastercard found that 91% of respondents in South Africa’s informal economy prefer non-cash payments, driven by safety concerns during the COVID-19 pandemic. This underscores the significant impact of the pandemic on consumer behaviour in the informal sector. The shift from limited digital engagement […]

DIGITIAL INCLUSION OF THE SOUTH AFRICAN INFORMAL TRADE MARKET – Part 1

Digital inclusion in South Africa’s informal trade sector is a pivotal element of the country’s economic fabric, given the substantial contribution of the informal sector to the economy and employment. The informal market primarily comprises of businesses in townships, rural, and outlying areas, and is estimated at 600 billion rand annually according to GG Alcock […]