UNLOCK SERVICE DELIVERY

Tax the cash based informal sector

Unlocking R750 Billion: Taxing South Africa’s Informal Sector Could Add R20 Billion Annually for Better Service Delivery

SIGN PETITION

THE CAUSE

Tax the Untaxed: Unlock R20 Billion Through a Digital Rand

South Africa’s informal economy generates an estimated R750 billion annually through spaza shops, backyard rentals, and township services. Yet, this massive cash-driven sector remains largely untaxed, depriving the nation of up to R20 billion each year that could be used for essential services like healthcare, education, and infrastructure. The lack of digital payment adoption and affordable banking options keeps these businesses off the tax radar and excluded from broader economic benefits. By transitioning to digital transactions and integrating affordable financial services, we can begin to formalize this hidden economy and unlock much-needed public funds.

Sign our petition today to support the introduction of a secure, low-cost digital currency and cheaper, accessible banking services. This is a critical step toward financial inclusion, better service delivery, and a stronger, more equitable South Africa. Together, we can transform the informal sector into a powerful engine for national development—fairly taxed, financially supported, and part of the country’s future.

The Goal

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Introduce a secure, government-backed digital rand to enable traceable, tax-ready transactions in the informal sector.

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Affordable Banking Access

Make banking services cheaper and more accessible to low-income entrepreneurs to encourage digital financial participation.

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Incentives for Informal Businesses

Provide benefits like low-cost devices, microloans or tax breaks to encourage informal traders to register and digitize their operations.

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Public Awareness & Policy Support

Drive national campaigns and push for supportive legislation to educate citizens and gain government buy-in.

Leverage The Latest Technology

South Africa’s informal economy, valued at R750 billion, remains largely untaxed. By integrating this sector into the formal tax system, the nation could boost annual revenues by R20 billion, enhancing service delivery and economic growth.