{"id":51195,"date":"2024-01-13T19:07:49","date_gmt":"2024-01-13T19:07:49","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/sshfc-explores-expansion-to-informal-sector-coverage"},"modified":"2024-01-13T20:06:35","modified_gmt":"2024-01-13T20:06:35","slug":"sshfc-explores-expansion-to-informal-sector-coverage","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage","title":{"rendered":"SSHFC Explores Expansion To Informal Sector Coverage"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>The Social Security and Housing Finance Corporation (SSHFC) is taking a bold step towards financial inclusivity by exploring the possibility of extending its social security coverage to the vast informal sector in The Gambia.<\/b><\/p>\n

Currently, in the preparatory phase, the task force aims to pave the way for the potential implementation of the project, ensuring that individuals in the informal sector can build savings for their retirement or incapacitated years, mirroring the benefits enjoyed by those in the formal sector.<\/p>\n

Chairing the task force, Talibo Jassay conveyed the project\u2019s objectives during an engagement with stakeholders at Brikama Market on Wednesday, January 10, 2023.<\/p>\n

\u201cThe task force team has for the past one month been touring all the regions conducting a stakeholder mapping and engagement exercise talking to regional and local authorities, informal sector workers such as drivers, farmers, tailors, market vendors etc to sell the idea to them and also listen to what they want and perspectives regarding this new development,\u201d he said.<\/p>\n

Since its establishment in 1982, SSHFC has been instrumental in assisting formally employed individuals registered with the corporation in preparing for retirement through various schemes. Jassay highlighted that the task force was initiated in response to the need to extend coverage to those in the informal sector in The Gambia.<\/p>\n

Citing research indicating that only 20% of individuals work in the formal sector, with the remaining 80% engaged in the informal sector, Jassay stressed the importance of expanding coverage to ensure that this majority also benefits from social security services.<\/p>\n

\u201cThat is why our able managing Director, Saloum Malang, and his team came up with this idea to set up a task force to see how best we can extend our coverage to those in the informal sector in the Gambia,\u201d<\/p>\n

\u201cAccording to research, only 20% are working in the formal sector and the other 80% are in the informal sector, so it\u2019s very important to extend our coverage so that those people also can benefit from our services because they are the people who need it most,\u201d he said.Njaimeh Faye, a member of the SSHFC Informal Sector Task Force, underscored the significance of engaging with the informal sector, emphasizing that the initiative aims to gather input from individuals in this sector to tailor the program to their needs. She encouraged them to provide their perspectives through a feedback form to ensure their ideas are considered.<\/p>\n

\u201cIn anything that you are doing concerning the people, you should go out to them to engage them to know their needs. That\u2019s why we are going to give you a form to file so that we can know what you want and how you want it to be done because your ideas are very important to us,\u201d she said.<\/p>\n

However, existing legal barriers under the current Social Security Act do not cater to informal sector workers. Overcoming these obstacles is essential for the realization of this initiative.Foday Manjang, President of the Brikama Market Committee, welcomed the initiative and expressed gratitude to the SSHFC. He suggested the establishment of social security branches across all markets in the country, envisioning greater accessibility for individuals in the informal sector.<\/p>\n

\u201cIf these plans materialize, I propose that social security should have branches across all markets to simplify the process for us,\u201d Manjang recommended.<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. The Social Security and Housing Finance Corporation (SSHFC) is taking a bold step towards financial inclusivity by exploring the possibility of extending its social security coverage to the vast informal sector in The Gambia. Currently, in the preparatory phase, the task force aims to pave the way for the potential implementation of […]<\/p>\n","protected":false},"author":84,"featured_media":51193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[2355,2361,260],"class_list":["post-51195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"\nSSHFC Explores Expansion To Informal Sector Coverage - Gambia<\/title>\n<meta name=\"description\" content=\"The Social Security and Housing Finance Corporation (SSHFC) is taking a bold step towards financial inclusivity by ex ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SSHFC Explores Expansion To Informal Sector Coverage\" \/>\n<meta property=\"og:description\" content=\"The Social Security and Housing Finance Corporation (SSHFC) is taking a bold step towards financial inclusivity by ex ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-13T19:07:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-13T20:06:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/01\/sm_1705163650.341502.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SSHFC Explores Expansion To Informal Sector Coverage\",\"datePublished\":\"2024-01-13T19:07:49+00:00\",\"dateModified\":\"2024-01-13T20:06:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage\"},\"wordCount\":566,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/01\/sm_1705163650.341502.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/sshfc-explores-expansion-to-informal-sector-coverage\",\"name\":\"SSHFC Explores Expansion To Informal Sector Coverage - 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