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South Africa’s R280bn illicit economy costs 87,000 jobs, tax revenue and growth

iol.co.za · 2026-09-04 09:12 economy

new ECMX report commissioned by the Consumer Goods Council of South Africa estimates that illicit trade costs the country R126bn in GDP, 87,000 formal jobs and at least R68bn in annual tax revenue

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South Africa’s R280bn illicit economy costs 87,000 jobs, tax revenue and growth

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