Business Report Economy

Proudly South African leads protest to spotlight economic effects of illicit trade

Ashley Lechman|Published

In a powerful demonstration of unity, hundreds protest in Sandton to address the growing menace of illicit trade, demanding urgent action to protect local industries and safeguard South Africa's economic future.

Image: Supplied.

The bustling heart of Sandton, synonymous with wealth and opportunity, was momentarily halted earlier this week, as hundreds united in solidarity to raise awareness about the clandestine world of illicit trade.

Organised by Proudly South African, this peaceful protest coincided with the 14th Buy Local Summit & Expo, where the damaging ramifications of illegal trading practices were fervently discussed.

With representatives from the most affected sectors, including tobacco, alcohol, pharmaceuticals, fuels, food, and wildlife, the crowd effectively illustrated the pervasive threat illicit activities pose to local businesses, job security, and public safety.

The protest march strategically occupied lunchtime traffic, ensuring that the message reverberated through the affluent precinct, drawing the attention of passersby and authorities alike.

In addition to raising awareness, the protestors delivered a memorandum of demands to Makhukhu Mampuru, Executive Director of the National Economic Development and Labour Council (NEDLAC).

The document articulated the devastating impact of illicit trade on the economy and called for practical interventions designed to combat these practices that hamper economic growth and employment creation.

In a powerful demonstration of unity, hundreds protest in Sandton to address the growing menace of illicit trade, demanding urgent action to protect local industries and safeguard South Africa's economic future.

Image: Supplied.

“The prevalence of illicit trade undermines national security, fuels the growth of criminal networks and threatens much-needed jobs. Similarly, unfair trade practices also have a significant economic impact that widens social inequality and economic instability,” stated Proudly South African CEO, Eustace Mashimbye.

“These twin practices exacerbate the challenges we have of unemployment, inequality, and poverty, undermining efforts of industrialisation and growth.”

Among the suggestions outlined within the memorandum were ambitious calls to action such as:

The acceleration of the Illicit Economy Disruption Programme, the empowerment of NEDLAC’s newly formed Illicit Economy Task Team, and the enhancement of skills, capacity and resources across law enforcement agencies at all governmental levels.

Specific recommendations included:

  • Pro-active measures by trade-related agencies to curb illicit and unfair trade practices.
  • Increased enforcement and capability at ports of entry by the Border Management Authority and SARS.
  • Deployment of law enforcement staff along transit routes to intercept illicit activities.
  • Empowerment of the South African Police Service (SAPS) with specialised personnel for effective prosecution.
  • Implementation of advanced digital technology solutions like the GS1 Discovery app for supply chain visibility.
  • Promotion and adoption of an Illicit Trade Hotline, fostering anonymous reporting of suspicious activities.

The march comes at a critical time as several companies, including BAT, have expressed intentions to scale back local operations due to the rising tide of illicit trade.

Industries such as SAB and pharmaceuticals have decried the alarming spikes in counterfeit alcohol and medication.

Likewise, the sugar, fashion, textiles, poultry, consumer goods, and fuel sectors are reeling from an influx of cheap imports and smuggling activities.

In a powerful demonstration of unity, hundreds protest in Sandton to address the growing menace of illicit trade, demanding urgent action to protect local industries and safeguard South Africa's economic future.

Image: Supplied.

As South Africa grapples with these economic challenges, it is evident that coordinated efforts to combat illicit trade and unfair practices are not just necessary but urgent.

The collective voice of the marchers, echoed through the streets of Sandton, underscores a growing recognition that robust action is needed to protect local industries and secure a more stable economic future. 

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