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ECONOMY

ENTREPRENEURSHIP
Survival entrepreneurship,when the informal sector saves the day
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A stele for a plea against unemployment at Ankatso University.

- Riana Andriamirindrarivonjy, one minute reading


Paying taxes makes many Malagasy in the formal sector cringe. It's expensive, and often out of reach for other economic players who prefer to stay in the black. Every year, the country's tax offices are packed with young entrepreneurs who often fail to understand the State's determination to take far more from them than they earn. As a result, they choose to work in the informal sector rather than be held back by a system that forces them to give up entrepreneurship.


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