A new Econometrix study estimates that illicit trade costs South Africa billions in annual tax revenue, while displacing formal production and tens of thousands of jobs.

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.

The Beer Association of South Africa has urged National Treasury to balance tax, enforcement and affordability.

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

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…

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…