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    R20 Billion Illicit Alcohol Market Shakes South Africa: Expert Warns of Health Crisis

    Counterfeit Alcohol Crisis in South Africa Reaches R20 Billion: An Interview with Industry Expert South Africa is grappling with a significant crisis in its alcohol industry. A recent study reveals that the illicit alcohol market has ballooned to over R20 billion, representing a staggering 22% of the total alcohol market. This alarming figure highlights the urgent need for intervention, given the severe health risks associated with consuming counterfeit alcohol. In an exclusive interview, Angela Russell, CEO of the Drinks Federation of South Africa, sheds light on the scale of the problem. "The illegal alcohol market is now worth over R20 billion," she states, emphasizing the substantial economic impact. The report also notes a 55% increase in the volume of illicit alcohol since 2017, and a 95% increase in its value. This indicates the growing sophistication and profitability of the criminal networks involved. Russell highlights the health risks, stating that "this concerning trend does not only impact the economy but also presents serious health risks to consumers." She advocates for stricter controls on ethanol, a key ingredient in alcohol production, to prevent its diversion into illegal channels. She also mentions a new initiative involving government, industry, and community stakeholders to combat the issue. A recent poll conducted by the news outlet reveals that 74% of respondents have encountered counterfeit or illicit alcohol, demonstrating the widespread nature of the problem. This underscores the urgent need for public awareness campaigns and stricter regulations to protect consumers and the legitimate alcohol industry.

    2 months ago
    ZA
    Johannesburg
    news summary
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