illicit economylatest news & developments
The Beer Association of South Africa is urging National Treasury to balance excise policy and enforcement with the affordability and competitiveness of the formal beer market.
ALCOHOL

Legal beer market supports 210,000 jobs as BASA calls for balanced excise policy

The Beer Association of South Africa is urging National Treasury to balance excise policy and enforcement with the affordability and competitiveness of the formal beer market.

  • Ashley Lechman
3 min read
Various stakeholders led by the National Regulator for Compulsory Specifications conducted three-day high-impact surprise raids this week in the Joburg CBD to seize unsafe goods and hold non-compliant traders accountable.
ILLICIT ECONOMY

Why surprise raids alone can't dent illicit goods market in South Africa

Illicit markets in South Africa are costing the economy billions annually.

  • Rapula Moatshe
4 min read
Illegal mining and illicit trade are costing South Africa jobs, investment and potentially hundreds of billions of rand in lost tax revenue, prompting calls for a coordinated national response.
ILLEGAL

Illegal trade and mining expose the hidden cost of South Africa’s illicit economy

Illegal mining and illicit trade are costing South Africa jobs, investment and potentially hundreds of billions of rand in lost tax revenue, prompting calls for a coordinated…

  • Ashley Lechman
4 min read
A shopper reaches for a bottle of alcohol at a retailer. National Treasury is reviewing the country’s alcohol tax framework amid a wider debate over excise duties, public health and illicit trade.
ALCOHOL

South Africa’s alcohol tax battle puts illicit trade under scrutiny

As Treasury reviews the country’s alcohol tax framework, a disputed claim about the illicit market is sharpening a wider debate over revenue, public health and the formal alcohol…

  • Ashley Lechman
5 min read