informal

The Federal Inland Revenue Service has announced its plan to collect and remit Value Added Tax (VAT) from traders, especially those in the informal sector. This will be achieved in partnership with the Market Traders Association of Nigeria using a unified systems technology, the FIRS said in a statement on Monday. The Federal Inland Revenue Service (FIRS) is the agency of the Federal Government of Nigeria responsible for assessing, collecting, and accounting for tax and other revenues accruable to the Federal…

Credit: New directions for tackling food safety risks in the informal sector of developing countries (2023). A report commissioned by the International Livestock Research Institute (ILRI) and the CGIAR Initiative on One Health highlights the urgent need for innovative strategies to address food safety risks in the informal sector of developing countries. The report "New Directions for Tackling Food Safety Risks in the Informal…

by Seth Asare Okyere, Louis Kusi Frimpong, Matthew Abunyewah and Stephen Kofi Diko, The Conversation Market fires cause significant upheavals in the heavily informal Ghanaian economy. Credit: Wikimedia Commons Ghana's informal urban markets play a key role in the country's economy. They employ more than 80% of the people who work in the informal sector. They create…

By MEGAN JANETSKY, Associated Press HAVANA — In the Telegram group chat, the messages roll in like waves. “I need liquid ibuprofen and acetaminophen, please,” wrote one user. “It’s urgent, it’s for my 10-month-old baby.” Others offer medicine brought from outside of Cuba, adding, “Write to me in a direct message.” Emoji-speckled lists offer antibiotics, pregnancy tests, vitamins, rash creams and more. The group message, which includes 170,000 people, is just one of many that have flourished in recent years in Cuba…

by Gideon Abagna Azunre, Festival Godwin Boateng, Owusu Amponsah and Stephen Appiah Takyi, The Conversation Informal workers are a key part of African economies. Credit: Wikimedia Commons African leaders are increasingly aspiring to…

Figure 1. Countries are ranked in descending order in terms of the median gap value for each region. In addition to the median value, dots around the box plot for each country show the difference between ASGM Hg input and apparent Hg consumption in each year. Credit: Resources, Conservation and Recycling (2022). DOI: 10.1016/j.resconrec.2022.106461 The Minamata Convention (MC) aims to restrict and limit the trading of…

The Nigerian government’s ambition of urging informal sector workers to save for retirement when they could barely earn enough to survive today, amid growing poverty and rising cost of living, is delivering a predictable outcome. The government hopes to enroll 8 million people in five years but in three years it has only managed to register 77,689, less than one per cent of the projected figure. Launched in 2019, Nigeria’s micro-pension scheme set out to extend the reach of pension to the…

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. The Betastore marketplace enables informal traders to source fast moving consumer goods…