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Essay On Street Vending

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Over the years, most parts of the country have witnessed the mushrooming of a business known as street vending. There is a general tendency by most people of selling their goods in streets and other open public places both in residential and commercial areas. It is important that whenever people want to carry on business, they should do it in an orderly and acceptable manner, having due regard to the law. However, it is very difficult to establish exactly when street vending begun but trade became so pronounced in the 1980s and that is when it became a big problem. During that time, trade existed in very isolated cases and the magnitude had not yet become great. Lusaka’s streets and markets are among the most important sources for non-formal …show more content…

According to Ndhlovu (2011), people engage in street vending for different reasons, out of the total sample of 30 street vendors which includes former market traders, it was reveals that the majority of about 40% engage in street vending because they easily access customers due to the high volume of movement of people within the Central Business Districts (CBD). On the other hand, 30% sell in the streets because it is easy for them to acquire space within the CBD where there are no formal application procedures and this saves them from incurring costs. However, 23% of the traders refuse to move into the site because they believed that they would be expected to pay monthly rentals. They did not like the idea of paying rent hence decide to sell in the streets to avoid paying rent in the formal markets and the remaining 7% due to not having enough capital to sell sufficient goods in the market. These findings are in agreement with De soto‘s argument that, the informal sector grows because traders try to avoid the cost of formality in terms of strict rules and regulation, taxes, time and effort involved in complying with formal state procedures (De Soto

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