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Evolving the informal economy must have ‘tangible’ benefits

The informal economy is no longer on the periphery of the domestic economic landscape but has instead evolved into a powerful engine of employment, household income and economic survival. It is estimated that Namibia’s informal economy accounts for 26.5% of gross domestic product (GDP) and employs close to 60% of the country’s workforce. Industries, Mines... The post Evolving the informal economy must have ‘tangible’ benefits appeared first on New Era .

New Era25 Aug 2026, 07:57 am
Evolving the informal economy must have ‘tangible’ benefits

The informal economy is no longer on the periphery of the domestic economic landscape but has instead evolved into a powerful engine of employment, household income and economic survival. It is estimated that Namibia’s informal economy accounts for 26.5% of gross domestic product (GDP) and employs close to 60% of the country’s workforce.

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Originally published by New Era on 25 Aug 2026, 07:57 am. View original article
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