Industries in South Africa are indeed in deep trouble. Firstly it was the recession which meant that companies would not be able to find clients who are in need of their services.
This is often referred to as a time in which businesses might end up closing shop as the demand is generally low. The coronavirus came into play as companies were forced to work in harsh conditions.
These goods were classified by authorities as counterfeit goods and they are eating up a large chunk of tax compliant companies potential revenue.
It is believed that they are smuggled into the country through the porous borders and they do not pay duty as they enter this country. Furthermore, our loved ones are being laid off by companies who will experience a decline in demand of their products as a result of these counterfeit goods.
A team of officers from the SAPS with the assistance of officers from the Johannesburg Municipal Police Department and Brand holders carried out raids in the central business district of Johannesburg.
After the operation was conducted, the members managed to seize goods which have an estimated value of R24.5 million. The members were in no nonsense mode as they were conducting the search and seizure operation.
Among the goods which were seized were products which had fake local and international brands. The goods included clothes and sneakers and they were being stored in buildings around Johannesburg.
Members of the public were to be thanked for making the information available to the police which they followed up on. The police urged community members to always contact them whenever they see something fishy going on.
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