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Urban space is monetized. Survival in urban areas is therefore largely dependent on the dictates of methodological individualism, capitalist norms and values, which are invariably linked to rent-seeking and instrumentalism in most urban transactions. The urban poor in Ghana, who are mostly informal sector workers, face enormous challenges in transacting with banks and other financial institutions. This challenge, however, does not prevent them from participating in the money market. They devise strategies of savings and acquiring loans largely on interest-free basis. They also invest in informal activities to financially secure themselves and their future. This paper discusses the mechanisms that regulate the institutionalization of informal savings and investments in urban poor communities in Accra and Winneba in Ghana. It is based on a qualitative research conducted between 2014 and 2016 with 133 participants in four Ghanaian communities using purposive sampling technique. The study employs the concept of equality matching to discuss urban financial common strategies. The paper attempts to debunk the hegemony of the capitalist profit perspective in urban transactions, emphasizing that the urban poor in Ghana mobilize their finances through established social relations with largely no profit-making in mind. [ABSTRACT FROM AUTHOR]

In South Africa, the informal sector, including food vending, is either criminalized or ignored. This is despite the fact that it plays an important role in the economy in terms of employment, income generation, food distribution and livelihoods for the urban poor. This paper assesses the nature, operations, strategies and challenges of the informal food sector in Cape Town. Data was collected through a survey of over 1000 informal food vendors in the city. Most of the enterprises were single-owner businesses, financed from personal savings and started by owners seeking employment, independence and improved financial security for their families. Most businesses had little or no access to finance from government agencies, banks and micro-finance lenders. Entrepreneurs faced various challenges ranging from insufficient sales, competition, changing consumer food needs and rising stock prices. To survive in a challenging economic environment, they adopt various innovative strategies including changing the types of foods they sell, increasing food stock variety, monitoring formal food retailing prices and negotiating with suppliers for favourable stock prices. Despite the various challenges being experienced, the informal food sector has become an integral and indispensable component of the food system of the city. [ABSTRACT FROM AUTHOR]

Small-scale food enterprises occupy a critical space in the food system of Kingston, Jamaica. While they serve the entire population, poor urban households are disproportionately reliant on small-scale food retailers. The nodes and networks of retailers play an important role in the value and commodity chain by providing access to comparatively cheap food but are often impacted by economic vagaries and state-level regulation amongst other factors which potentially challenge the sustainability of the trade. These issues are potentially offset by a highly dynamic system where entry into the trade is maintained by the high levels of unemployment and limited alternatives, even in the informal sector. While the challenges are the likely result of state-level deficiencies, it is possible that these problems are both alleviated and exacerbated by various strategies used to claim space and negotiate food-based livelihoods in the city. This research attempts to fill a conspicuous gap in the literature by examining the pathology of the urban food system as it relates to the characterisation, challenges and experiences of small-scale food retailers. The results are based on a combination of questionnaire surveys and interviews with small-scale food retailers in the city. They reveal the existence of gender- and age-based differences in education, profits earned and motivations for entry. Additionally, these vendors face a range of challenges including deficiencies in state support. While many of their challenges are partly compensated by reliance on inwardly focussed networks, statistical characterisation may provide vital insight into opportunities for policy interventions which specifically target this marginalised group. [ABSTRACT FROM AUTHOR]

Much of the literature on urban food systems has focused on supermarket expansion and their ability to reach urban consumers. However, the current pace of urbanisation and rising urban poverty has been accompanied by a major upsurge in informality and a growing role for the informal food sector. One of the persistent arguments in the supermarkets literature is that the expansion of modern retail undermines the informal food sector. Critics of this argument suggest that there are two conditions under which this may not occur: first, when there is spatial differentiation with supermarkets servicing higher income areas and the informal sector targeting low-income areas. And second, when there is market segmentation when the formal and informal sectors focus on the sale of different product types. This paper examines the case of Windhoek, Namibia, which has undergone a major supermarket revolution in the last two decades. It suggests that the informal food sector is vibrant and growing but that neither explanation fully accounts for its resilience and survival. Instead, by examining the strategies of vendors, it suggests the concept of cohabitation as an alternative explanation. Cohabitation may be a pertinent factor in other supermarket cities as well. [ABSTRACT FROM AUTHOR]