News

Political corruption and patronage impeding on the informal sector formalization

Exif_JPEG_420

Senior Reporter

Political corruption has been seen to be impeding on the quest to formalize informal sector in the country.

According to researches conducted by different organizations in the country, women are the major players in the informal sector which is also contributing immensely to the national economy.

However the quest to formalize the sector is shuttered in obscurity due to the cases of monopoly, political corruption and patronage .

This has been revealed by Samuel Matikiti, Transparency International Zimbabwe (TIZ) Senior Research Officer while making a presentation during Vendors Initiative for Economic Transformation.

” Research conducted so far shows that more than 57.7 percent of women in the country are into informal sector. This means that informal sector occupies important contribution to the national economy. If women contributes to the informal sector we don’t see the reason why the Central Government takes so long to formalize the sector.”

“Against this background it has been noted that issues around political corruption, nepotism and patronage is affecting the operations of the informal sector, ” says Samuel Matikiti.

According to Matikiti there is lack of transparence around the way informal sector players acquire working spaces in the sector. This is mainly attributed to political corruption and patronage.

“We have seen people getting to acquire either working space or a license through political corridors. For instance an informal sector initiative maybe only welcome to a certain political party and may not welcome members belonging to a certain political section. ”

Tendai Guvamombe