Zimbabwe’s economy predominantly operates within the informal sector, comprising over 75% of economic activity.This trend arises from decades of economic issues, such as job shortages, inflation, and currency instability.The informal sector provides livelihoods but contributes minimally to government revenue due to tax non-compliance.
Zimbabwe’s economy predominantly operates within the informal sector, comprising over 75% of economic activity.This trend arises from decades of economic issues, such as job shortages, inflation, and currency instability.The informal sector provides livelihoods but contributes minimally to government revenue due to tax non-compliance.
Source: Thezimbabwean