The Rise of Street Vendors in Tanzania and Its Economic Implications

FSDT and UNDP contracted REPOA to conduct a deep dive research on the rise of street vendors (machinga, particularly women and youth machinga) in Tanzania and its economic implications. The research applied predominantly qualitative methodologies to explore the dynamics of street vending business, including: The challenges that street vendors face when it comes to growing their businesses, accessing finance; finding conducive working environment; the study also explores the opportunities that exist for different stakeholders to play their part to improve the business environment of street vendors. The goals for conducting this study are to support:

• Financial service providers (FSPs) to provide relevant and appropriate financial products and services for women and youth who depend on street vending as their primary source of income.
• Regulators and policy makers to craft enabling regulations and policies for access to finance for these segments, as well as a smooth transition towards a cash lite society.

About the webinar:

Language: Swahili

The webinar has several key objectives. Firstly, we seek to analyse the economic contributions of street vendors in Tanzania amidst rapid urbanization. Secondly, we aim to assess the challenges faced by street vendors, including working conditions and limited access to financial services. Thirdly, we will examine government initiatives aimed at formalizing the informal economy and supporting street vendors. Finally, we aim to identify actionable recommendations for integrating street vendors into the formal economy to promote inclusive economic growth.

Expected outcomes:

1. Enhanced understanding of the economic role of street vendors in Tanzania.
2. Increased awareness on the challenges of street vending in Tanzania.
3. Increased awareness on the potential opportunities to address the challenges facing street vending in Tanzania.
4. Identification of actionable recommendations to support street vendors and promote sustainable economic growth.