Informal Entrepreneurship Framework for Formalising the informal sector at Thabo Mofutsanyane District Municipality in South Africa
https://doi.org/10.24182/2073-6258-2025-24-3-87-100
Abstract
This study was carried out to develop an informal entrepreneurship framework that is ideal to integrate informal entrepreneurs into the main stream economy at the Thabo Mofutsanyane District Municipality in South Africa. Development of a framework that is suitable to be applied for the formalisation of the informal economy is necessary as the generic frameworks such as the OECD and ILO frameworks are perfect to be used in developed economies. Statistical results were carried out to determine the outcome of the framework. An exploratory factor analysis in principal component analysis was carried and the results supported the development of the informal entrepreneurship framework. It is however, imperative to develop the framework since formalisation of the informal sector is impossible without the aid of a feasible framework and regulatory policies and procedures. Legislative frameworks have to be also put in place to facilitate the integration of the informal sector.
About the Authors
F. P. MothamahaSouth Africa
Dr. Business Administration Management College of Southern Africa (MANCOSA)
Johannesburg
K. Sibanda K. Sibanda
South Africa
PhD Economics Department of economics
Mthatha
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Review
For citations:
Mothamaha F.P., K. Sibanda K.S. Informal Entrepreneurship Framework for Formalising the informal sector at Thabo Mofutsanyane District Municipality in South Africa. Scientific notes of the Russian academy of entrepreneurship. 2025;24(3):87-100. https://doi.org/10.24182/2073-6258-2025-24-3-87-100