ECMX study estimates illicit trade at R280bn across 12 sectors
An ECMX research study estimates illicit trade is crippling South Africa’s formal economy, conservatively valued at R280bn across 12 sectors.
By Staff Writer The first thorough, analytically rigorous estimate of the destructive scope of South Africa's illicit economy was provided by an ECMX research report. The ECMX study said illicit trade — conservatively estimated at R280bn across 12 sectors — is not an isolated problem within a l…