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Study says illicit trade is damaging South Africa’s formal economy

An ECMX study reports that illicit trade is significantly affecting South Africa’s formal economy. The supplied headline does not quantify the losses or identify specific sectors.

By DoomRadar · Published on DoomRadar .

Why it matters

Persistent illicit trade can reduce tax revenues, undermine legitimate businesses and weaken economic conditions.

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  1. ECMX study says illicit trade is crippling South Africa's formal economy ↗bizcommunity.com · Recorded source date: Sep 7, 2026, 10:47 AM UTC

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South Africa and Türkiye discuss trade

South Africa and Türkiye held talks on trade. The supplied report does not indicate a major agreement, dispute or economic disruption.

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Trump signs two-year AGOА trade deal with South Africa

Donald Trump has signed a two-year African Growth and Opportunity Act deal, reportedly falling short of South Africa’s preferred 15-year term. The agreement sets a shorter trade framework between the parties.

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