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South Africa Should Leverage the Informal Retail Sector to Boost Economic Empowerment | SA News

The recent acknowledgement by Pick n Pay of the informal retail sector as a potentially formidable competitive force signals a profound shift in our economic landscape. This sector, long overlooked and undervalued, is now emerging as a parallel economy that demands urgent strategic attention from both government and big business. From an ActionSA perspective, this moment offers a unique opportunity to rethink and reshape our economic empowerment policies to foster true inclusivity and sustainable growth.

Pick n Pay’s annual report highlights several transformative trends: the expansion of the informal economy, the removal of lease exclusivity clauses in shopping centres, and the rising…

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