TimesLive | 07.02.2026 11:00
South Africa is a tale of two economies. The legal economy limps along at barely 1% growth and fails to absorb even a fraction of the 12-million unemployed or attract the fixed investment needed to revive industrial job growth. Meanwhile, the illicit economy is booming, growing at more than 6% a year and flooding the country with illegal cigarettes, alcohol, gold, oil and counterfeit goods.