Rise of unproductive informal sector bears false hope

As global enterprises are expanding in the country, local entrepreneurs are expanding an unproductive informal economy.
It is self-defeating to pursue a form of enterprise that gives no hope now and in the future.
The problem is getting bigger by the day as informalisation expands everywhere, even in places where there is no market for the products that the vendors are offering.
We must build incubators to help young entrepreneurs enhance their entrepreneurial capacity, enhance productivity of informal enterprises and of course social protection.

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Blog Posts From Prof. Bitange Ndemo