TRACIT calls for improved measures to combat illicit trade in South Africa
TRACIT calls for improved measures to combat illicit trade in South Africa Johannesburg, 30 May 2023 – A new study by the Transnational Alliance to Combat Illicit Trade (TRACIT) shows that illicit trade is one of the biggest threats to stability and economic growth in South Africa. While the country has taken steps under President Ramaphosa to root out illegal trade and associated activities like corruption and money laundering, the scope and depth of the illicit economy poses a significant threat to the health and wellbeing of South African citizens and a persistent drain on the overall...