Stephen Grootes speaks to Abraham Nelson, Executive at the Consumer Goods Crime Risk Initiative, about South Africa's R700-billion illicit economy and what is driving it. They unpack which products are distributed most heavily right now, and whether this is driven by consumers desperate for cheaper prices - a reflection of the state of the economy - or by a lack of awareness, with consumers unknowingly buying illicit goods.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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