South Africa’s illicit economy could be worth as much as R1.2-trillion, with illegal cigarettes, alcohol, fuel and counterfeit goods fuelling a parallel economy that drains tax revenue, undermines legitimate businesses and puts consumers at risk. The Consumer Goods Council of South Africa (CGCSA) is pushing for a more co-ordinated fight against illicit trade, including multi-industry task forces targeting some of the hardest hit sectors. Business Day TV spoke to CGCSA CEO Zinhle Tyikwe for more insight.
WATCH | What SA’s trillion-rand illicit economy is costing businesses and consumers
Business Day TV speaks to Zinhle Tyikwe, CEO of the Consumer Goods Council of South Africa, for more insight






