Organised crime syndicates across the country are holding the economy at a knife’s edge.
Well-organised criminal syndicates are interrupting business practices for key institutions and large employers in South Africa.
The CGC, which represents figureheads of the retail industry, said that illicit trade is a severe issue and has a massive impact on retailers. According to Ackerman, even before the pandemic, 26% of cigarettes sold in South Africa were illicit, reported Sunday Times.“This is hurting the industry, it’s hurting jobs, it’s hurting the government, and it’s hurting the economy.
According to the City Press, mining companies are then forced to rely on road transport which, in Exxaro’s case, would cost them up to six times more. The TFR told City Press that the incidents on the northern corridor are a clear sign of it being attacked by organised crime groups.
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