Police avoided what could have been a bloody stand-off with foreign nationals in the Johannesburg CBD.
Ntshavheni, who was addressing the media at the Johannesburg Central police station yesterday, said she wanted to understand the extent of the problem with counterfeit goods in Johannesburg. The minister said representatives of various brand owners informed her that millions of rands have been lost through the sale of counterfeit goods.
How should we expect our economy to grow while the majority of people running Small Businesses in our Country being foreigners & some of them selling fake products. They send their profits back to their country of origin & hence our Manufacturing is struggling.
That’s simply madness. CIPC is there to register businesses.
Wait, so these people have been trading without any permits? Meaning they run the streets.
Including those 1000s of mainly Somalians and Pakistanis spaza shops all over our country, used for money laundering. There must be limit as well.
Good move, finally!!
The flooding of illegal goods besides costing the country in terms of tax revenue, it is also responsible for the loss of many jobs particularly in the textile industries. I think it is good that it should be regulated.
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Source: City_Press - 🏆 7. / 72 Read more »