South Africa is stepping up its fight against illicit trade
South Africa is stepping up its fight against illicit trade as the government, The South African Revenue Service (SARS) , and other state agencies increase enforcement action and warn that illegal goods are damaging the economy.
The Revenue Service recently seized goods worth an estimated R245 million in coordinated operations in parts of the North West province. More than 170,000 items were confiscated during raids in Rustenburg, Brits, Marikana and Hartbeespoort.
SARS said the operation is part of ongoing efforts to stop smuggling, counterfeit goods and tax evasion, adding that it also identified several businesses for further investigation as authorities focus on breaking up illegal supply chains.
President Cyril Ramaphosa has previously said that illicit and counterfeit goods are damaging the economy, destroying jobs and undermining local businesses.
