Audio By Carbonatix
An Economist Dr. Appiah Kubi says various policies to address the challenges of Ghana’s informal sector have failed.
He noted that though a number of policies and programmes can be found in Poverty Reduction Strategy documents, the problems of the informal sector still exist.
Dr. Kubi cited the ongoing decongestion exercise by the metropolitan authorities, improper definition of the informal sector and the lack of a holistic policy to tackle the challenges facing the sector as some reasons why policy initiatives have so far failed.
He said Ghana could draw lessons from Durban in South Africa and cities in India to address concerns facing the informal sector.
Dr. Kubi also suggested that the vision for the informal sector should be included in the planning of cities as well as the national economy.
He said in the post apartheid era, South Africa had problems such as the AMA and other cities face currently, dealing with the management of informal trade.
He said the city of Durban “developed a comprehensive policy to guide the management and support of workers in the informal economy.
“The existence of a policy implementation team; they created a whole department with a planning and policy division. They provided resources to pilot the project, it also provided support services for small traders...”
Dr Appiah Kubi who is the head of the Economic Division of the Institute of Statistical Social and Economist Research ‘ISSER’ was speaking at the Institute’s series of lectures on the economy and the informal sector. The lectures, supported by Merchant bank are a regular forum to discuss issues of interest to the country’s growth.
The informal sector, to many economists, is the heart of Ghana’s economy.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kasapreko PLC lists on GSE, opens new chapter for growth
14 minutes -
AI strategy key to positioning Ghana as leader in responsible AI development – Bandim Abed-Nego
27 minutes -
Damango MP urges CSOs to probe true cost of Mahama’s government
30 minutes -
Ministerial numbers alone do not reveal government size – Samuel Jinapor
31 minutes -
Ghana’s flooding problem caused by years of poor attitudes and weak enforcement – Researcher
34 minutes -
Two diesel trailers collide at Kwahu Hwidiem
35 minutes -
ACRC workshop pushes research-led reforms to strengthen decentralisation and urban governance
42 minutes -
Diaspora Girls SHS in distress: Students learn under trees, attend classes in canteen amid severe infrastructure deficit
45 minutes -
Accra Brewery PLC kicks off ‘Cheers to Bars’ with World Cup viewing experience
57 minutes -
2026 World Cup: Cape Verde hold Spain to goalless draw in opener
1 hour -
Only 47% of ‘Big Push’ projects awarded through sole-sourcing — Gov’t
1 hour -
2026 World Cup: Tunisia sack Sabri Lamouchi after opening match defeat to Sweden
1 hour -
CSOs petition NTC over alleged teacher–student altercation at Nyinahin SHS
1 hour -
Photos: President and political appointees present GHs6.1m to MahamaCares Fund
1 hour -
Children engaged in hazardous illegal mining and farming practices drive dropouts in schools in Tano North
1 hour