oa De Rebus - The fight against counterfeiting : news
|Article Title||The fight against counterfeiting : news|
|© Publisher:||Law Society of South Africa|
|Publication Date||Apr 2014|
Cape Town attorney Vanessa Ferguson, speaking at a round table on the fight against counterfeiting in Cape Town on 13 February, said that because South Africa has the largest economy in Africa, it is the top destination for counterfeit goods, with tax revenue in excess of R 2,5 billion estimated to be lost on counterfeit cigarettes annually. She added that in 2010 counterfeiting was responsible for 14 400 job losses in the textile and clothing industries alone.
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