Contribution of the informal economy at Thabo Mofutsanyane District Municipality
This study aimed to delineate the contributions of informal businesses to the economy of the Thabo Mofutsanyane District Municipality in the Free State Province, South Africa. The study employed a quantitative research methodology. The study’s sample size comprised 333 respondents, chosen using the...
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| Format: | Article |
| Language: | Russian |
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Russian Academy of Entrepreneurship
2025-07-01
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| Series: | Путеводитель предпринимателя |
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| Online Access: | https://www.pp-mag.ru/jour/article/view/2133 |
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| author | F. P. Mothamaha K. Sibanda |
| author_facet | F. P. Mothamaha K. Sibanda |
| author_sort | F. P. Mothamaha |
| collection | DOAJ |
| description | This study aimed to delineate the contributions of informal businesses to the economy of the Thabo Mofutsanyane District Municipality in the Free State Province, South Africa. The study employed a quantitative research methodology. The study’s sample size comprised 333 respondents, chosen using the Conroy sampling table 1. A total of 333 questionnaires were distributed, of which 232 were completed and returned, yielding a response rate of 70%. A robust positive association has been demonstrated between skill development, poverty alleviation, and job creation. The study revealed that informal entrepreneurship significantly contributes to GDP, local economic growth, and serves as a source of livelihood, employment creation, income generation, and survival for informal entrepreneurs. Robust stakeholder involvement and the incorporation of the informal economy were recommended in this paper. |
| format | Article |
| id | doaj-art-c7aadef80fa6465586d48a91194f2d1e |
| institution | DOAJ |
| issn | 2073-9885 2687-136X |
| language | Russian |
| publishDate | 2025-07-01 |
| publisher | Russian Academy of Entrepreneurship |
| record_format | Article |
| series | Путеводитель предпринимателя |
| spelling | doaj-art-c7aadef80fa6465586d48a91194f2d1e2025-08-20T02:54:25ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2025-07-01183889810.24182/2073-9885-2025-18-3-88-981790Contribution of the informal economy at Thabo Mofutsanyane District MunicipalityF. P. Mothamaha0K. Sibanda1Management College of Southern Africa (MANCOSA)Peoples’ Friendship University of RussiaThis study aimed to delineate the contributions of informal businesses to the economy of the Thabo Mofutsanyane District Municipality in the Free State Province, South Africa. The study employed a quantitative research methodology. The study’s sample size comprised 333 respondents, chosen using the Conroy sampling table 1. A total of 333 questionnaires were distributed, of which 232 were completed and returned, yielding a response rate of 70%. A robust positive association has been demonstrated between skill development, poverty alleviation, and job creation. The study revealed that informal entrepreneurship significantly contributes to GDP, local economic growth, and serves as a source of livelihood, employment creation, income generation, and survival for informal entrepreneurs. Robust stakeholder involvement and the incorporation of the informal economy were recommended in this paper.https://www.pp-mag.ru/jour/article/view/2133contributionemployment creationimparting skillsinformal economyinformal entrepreneurshiplocal economic developmentstakeholder networkspoverty reduction |
| spellingShingle | F. P. Mothamaha K. Sibanda Contribution of the informal economy at Thabo Mofutsanyane District Municipality Путеводитель предпринимателя contribution employment creation imparting skills informal economy informal entrepreneurship local economic development stakeholder networks poverty reduction |
| title | Contribution of the informal economy at Thabo Mofutsanyane District Municipality |
| title_full | Contribution of the informal economy at Thabo Mofutsanyane District Municipality |
| title_fullStr | Contribution of the informal economy at Thabo Mofutsanyane District Municipality |
| title_full_unstemmed | Contribution of the informal economy at Thabo Mofutsanyane District Municipality |
| title_short | Contribution of the informal economy at Thabo Mofutsanyane District Municipality |
| title_sort | contribution of the informal economy at thabo mofutsanyane district municipality |
| topic | contribution employment creation imparting skills informal economy informal entrepreneurship local economic development stakeholder networks poverty reduction |
| url | https://www.pp-mag.ru/jour/article/view/2133 |
| work_keys_str_mv | AT fpmothamaha contributionoftheinformaleconomyatthabomofutsanyanedistrictmunicipality AT ksibanda contributionoftheinformaleconomyatthabomofutsanyanedistrictmunicipality |