‘From a tobacco point of view, South Africa is the only country in the world where illicitly traded cigarettes are cigarettes that are traded over the counter,’ says economist, Sifiso Skenjana.
As SA gears up to host the G20, the first-ever Urban20 Sherpa meeting to be held on the African continent is set to devise a shared vision for urban progress. A look at essential steps needed to stop illicit tobacco trade.
‘What we saw in 2024 was that 36% of the respondents who gamble actually said they gamble to pay off their debts and to cover their expenses,’ says John Manyike, head of financial education at Old Mutual.
A look at the hidden costs of SA’s gambling problem. How the local retail economy is finding growth in the wellness sector. And new data shows that young people are leading the adoption of earned wage access technology.
‘I think the bulk of the revenues lies with the SMEs and the professionals, because there's a bigger volume there. So these are things that Sars is most likely going to focus on, not just on the big corporates,’ says Lee Dlamini, founder and director of Leverage.
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