Micro-Pensions – Ultimate Solution to the Poverty-in-Old-Age Plague for those in our Informal Sector?
The IMF puts our informal sector contribution to GDP, based on 2010-2014 surveys, at a staggering 50%. Fast forward that to post-COVID-19-induced lockdowns and ensuant company closures, a strong case can be made that the informal sector contribution to total GDP can only have grown higher. This is especially so when one takes into account that Covid-19 arrived at our borders when we were already witnessing an economy that was severely under pressure and struggling to navigate the headwinds of a hyper-inflationary environment. continue reading. Click link below Micro-Pensions – Ultimate Solution to Old-Age Poverty for those in the Informal Sector
