Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges
This paper sought to investigate the challenges faced by businesses found in the informal sector in their bid to formalize their operations. Through the use of purposive sampling data was collected from informal businesses in Gweru, Zimbabwe and analysed through content analysis. The findings from t...
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| Format: | Article |
| Language: | English |
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International Journal of Multidisciplinary Research Academy
2016
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| Online Access: | http://www.indianjournals.com/ijor.aspx?target=ijor:ijpss&volume=5&issue=10&article=007 http://hdl.handle.net/11408/1573 |
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| author | Moyo, Nokuthula G. |
| author_facet | Moyo, Nokuthula G. |
| author_sort | Moyo, Nokuthula G. |
| collection | DSpace |
| description | This paper sought to investigate the challenges faced by businesses found in the informal sector in their bid to formalize their operations. Through the use of purposive sampling data was collected from informal businesses in Gweru, Zimbabwe and analysed through content analysis. The findings from the research indicate that those in the informal sector face a variety of challenges in their quest to formalize their operations. The challenges include the complexity and cost of the registration procedures, the punitive tax rates which are similar for both established businesses and small business start ups. Recommendations were made for policy makers to curb these challenges so that businesses are formalized. |
| format | Article |
| id | ir-11408-1573 |
| institution | My University |
| language | English |
| publishDate | 2016 |
| publisher | International Journal of Multidisciplinary Research Academy |
| record_format | dspace |
| spelling | ir-11408-15732022-06-27T13:49:06Z Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges Moyo, Nokuthula G. Informal businesses, Gweru, Zimbabwe This paper sought to investigate the challenges faced by businesses found in the informal sector in their bid to formalize their operations. Through the use of purposive sampling data was collected from informal businesses in Gweru, Zimbabwe and analysed through content analysis. The findings from the research indicate that those in the informal sector face a variety of challenges in their quest to formalize their operations. The challenges include the complexity and cost of the registration procedures, the punitive tax rates which are similar for both established businesses and small business start ups. Recommendations were made for policy makers to curb these challenges so that businesses are formalized. 2016-06-14T14:53:58Z 2016-06-14T14:53:58Z 2015-10 Article 2249-5894 http://www.indianjournals.com/ijor.aspx?target=ijor:ijpss&volume=5&issue=10&article=007 http://hdl.handle.net/11408/1573 en International Journal of Physical and Social Sciences;Vol. 5, No. 10; p. 92-98 open International Journal of Multidisciplinary Research Academy |
| spellingShingle | Informal businesses, Gweru, Zimbabwe Moyo, Nokuthula G. Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges |
| title | Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges |
| title_full | Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges |
| title_fullStr | Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges |
| title_full_unstemmed | Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges |
| title_short | Formalising the informal businesses in the Midlands Province of Zimbabwe: opportunities and challenges |
| title_sort | formalising the informal businesses in the midlands province of zimbabwe: opportunities and challenges |
| topic | Informal businesses, Gweru, Zimbabwe |
| url | http://www.indianjournals.com/ijor.aspx?target=ijor:ijpss&volume=5&issue=10&article=007 http://hdl.handle.net/11408/1573 |
| work_keys_str_mv | AT moyonokuthulag formalisingtheinformalbusinessesinthemidlandsprovinceofzimbabweopportunitiesandchallenges |