80% of Township Businesses Unregistered, reveals Standard Bank’s Inaugural Informal Economy Report
Standard Bank has released its inaugural Township Informal Economy Report, providing fresh insights into one of South Africa’s most dynamic but underserved markets. The findings reveal that nearly 80% of township businesses remain unregistered. According to Statistics South Africa (Stats SA), unregistered businesses are those that operate outside formal regulatory frameworks including VAT registration, labour regulations, […]










