Opportunities to transform the informal sector through the platform economy: lessons from the Vuleka platform

The Fourth Industrial Revolution (4IR) has transformed various sectors like banking, education, and manufacturing with digitisation and technology. This shift has led to job losses, especially in banking due to online migration, and economic challenges exacerbated by rolling blackouts. South Africa, as a developing economy, has opportunities to leverage industrial and 4IR platforms for a Just Transition. Despite COVID-19 accelerating online learning and e-commerce, the country faces challenges like the digital divide and unemployment. Addressing these issues requires investing in new skills and systems, as proposed by the ILO and UNIDO.

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Publication Details

Journal
Human Science Research Council SA
Published
2026-05-22
DOI
https://doi.org/10.14749/32361288
Primary Topic
Local Economic Development and Planning
Type
article
Field-Weighted Citation Impact
0.00
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article

Opportunities to transform the informal sector through the platform economy: lessons from the Vuleka platform

Human Sciences Research Council
Human Science Research Council SA
Local Economic Development and Planning
article

Opportunities to transform the informal sector through the platform economy: lessons from the Vuleka platform

Human Sciences Research Council
article en

Abstract

The Fourth Industrial Revolution (4IR) has transformed various sectors like banking, education, and manufacturing with digitisation and technology. This shift has led to job losses, especially in banking due to online migration, and economic challenges exacerbated by rolling blackouts. South Africa, as a developing economy, has opportunities to leverage industrial and 4IR platforms for a Just Transition. Despite COVID-19 accelerating online learning and e-commerce, the country faces challenges like the digital divide and unemployment. Addressing these issues requires investing in new skills and systems, as proposed by the ILO and UNIDO.

Human Science Research Council SA
Decent work and economic growth
Openalex Percentile: Top 3%
Local Economic Development and Planning
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