The real cost of a bargain: illicit trade gutting our SMEs
The fight against illicit trade is ultimately a fight for our entrepreneurs, for the integrity of our economy and for the future we all want to build
01 June 2025 - 00:00
In a year already marked by economic strain and fiscal shortfalls, illicit trade is quietly looting the economy, with R100bn vanishing into a black hole last year alone. It’s an immense figure, but for many South Africans, sadly this is just another line in a budget speech; another problem for economists to debate and try and fix. ..
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