Investigating the Characteristics, Challenges and the Management of Informal businesses in informal settlements and the Central Business District of Lusaka
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Date
2016
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Abstract
This research investigated the characteristics and challenges of the informal business sector, its management and linkages with the formal business sector in Lusaka. The research also investigated why the informal business sector remains unregulated and inhibited from growth and integration into the formal economy. The research revealed that the informal business sector is linked to the formal business sector in Zambia. The research also revealed that the informal business sector lacks access to working capital, technical skills, quality control and other business development services. The sector is characterised by weak and unstable links to sustainable value chains and markets, while there are no Government structures to manage and regulate the sector.
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Keywords
Employment creation, Informal settlement, Informal business sector, Informal entrepreneur