The impact of the informal economy in South Africa is much smaller than it’s made out to be, says Haroon Bhorat, professor of economics at the University of Cape Town. The real contribution of the informal sector to GDP is around 6%, he said. While South Africa’s unemployment rates are among the highest globally, the share of workers in the informal economy remains relatively low. 🔗 For more details, click the link in the comments. | Times LIVE