Informal traders lament too much regulation

By Phakamani Moyo

Bulawayo informal traders say the only way they can continue to survive and sustain their families is to continue with informal informal trading.

Triffonia Mthunzi said that in Zimbabwe we have too much regulations that impose costs, so many taxes and because of these regulations it leads to corruption “chioko muhomwe” for their business to be formalized. “As business women we are not motivated to formalize because we don’t have incentives for formalizing our business. If our government does not do away with some of the regulations that are not necessary and bureaucratic, the informal sector will continue to rise because we have families to feed,” said Mthunzi.

Translate »