Call to declare illicit trade national emergency

JOHANNESBURG - Tax Justice South Africa is calling for illicit trade to be declared a national emergency.

This comes as a new African Union report reveals that the country's economy is bleeding dry.

READ: Illicit cigarettes availability in stores increases

South Africa is losing more than R250 million daily to criminals in the shadow economy.

The AU’s High-Level Panel on Illicit Financial Flows paints a stark picture.

The founder of Tax Justice SA, Yusuf Abramjee, discussed this with eNCA. 

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