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Counterfeit goods amount to 10% of SA economy

‘People cannot afford to buy legal stuff and are inevitably turning to the black market to find cheaper alternatives. The problem is they may find cheaper alternatives, but they may also get dangerous products for their own health,’ says Stefano Betti, vice president of the Transnational Alliance to Combat Illicit Trade. ....

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New tobacco laws may worsen illicit trade, global conference hears

An increasing number of South African smokers choose to buy cheaper illegal cigarettes as their purchasing power is on the decline due to ever-rising tax levies on legitimate products, contributing to high prices, according to Brig-Gen Juan Carlos Buitrago of the national police of Colombia. ....

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