[IN CONVERSATION] South Africa is confronting a fast-growing illicit trade economy that is eroding consumer trust, draining tax revenue and costing the country an estimated 10% of GDP. In an interview with CNBC Africa, Zinhle Tyikwe, CEO of the Consumer Goods Council of South Africa, detailed how sophisticated illegal networks, loopholes like round-tripping and weak enforcement are undermining legitimate businesses and essential public services. She said the CGCSA’s response, including specialis
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[IN CONVERSATION] South Africa is confronting a fast-growing illicit tr…
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