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88% of Africa’s workforce remains informal as governments struggle to collect taxes
Sub-Saharan Africa has the largest informal workforce in the world, with nearly 88% of workers operating outside the formal economy, a trend that is weakening government finances, limiting economic growth and making it harder for countries to improve their creditworthiness, according to Moody’s Ratings
Raccontata da
africa.businessinsider.com
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The African countries quietly turning informal workers into taxpayers, and winning the battle against informality
Moody’s says Rwanda, Benin, Tanzania and Côte d’Ivoire are among Africa’s strongest performers in reducing informality through governance reforms, stronger institutions and…
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88% of Africa’s workforce remains informal as governments struggle to collect taxes
Sub-Saharan Africa has the largest informal workforce in the world, with nearly 88% of workers operating outside the formal economy, a trend that is weakening government finances,…