illicit financial flowslatest news & developments
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