Tag: illicit trade
Counterfeit electrical products – a grave threat to lives and homes
Smoke, fire, and flames claim numerous lives in South Africa, ranking among the top causes of death. In addition, the Fire Protection Association of Southern Africa has reported that almost one-tenth of all fires stem from electrical sources. However, many South Africans are unaware that counterfeit electrical products play a major role in fuelling these incidents.
The 2023 Budget – short terms gains not enough
On Wednesday afternoon, the Minister of Finance, Enoch Godongwana, had the unenviable task of delivering the annual Budget Speech. Over the last year, and especially over the last few months, South Africa has taken one knock after another.
COVID-19 and counterfeit goods: criminals exploiting a health crisis?
During the global COVID-19 pandemic, governments around the world implemented national lockdowns to contain the spread of the virus. As a result, borders were closed to passengers but specified cargo and retail goods for certain essential products and supplies were permitted.
Illegal wildlife trade – what banks must do
The Financial Action Task Force (FATF) released their report on ‘Money Laundering and the Illegal Wildlife Trade’ a topic that has been sitting on the side-lines for a long time, overshadowed by more prominent criminal ventures, such as drug trafficking.
