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SAITEX is the only multi-sector exhibition and conference in Africa providing unparalleled access to all industries. Nearly 3,000 government officials, diplomats, entrepreneurs and business leaders from around the world, with a total budget responsibility of over US$676 million, meet at SAITEX to discuss trade opportunities, and more than 140 exhibitors from 17 countries will showcase thousands of products across all major import and export categories, including clothing and fashion accessories, IT products, pharmaceuticals, electronics, homewares, tools & hardware and chemicals.
Session title: Illicit trade in Africa
Session description: Illicit trade is a global concern and is endemic across many regions, including Africa. Sectors impacted include OTC pharmaceuticals, alcohol, fuel, and tobacco to mention a few. The consensus amongst global stakeholders is that the size is growing which facilitates the growth of money laundering and corruption. Governments lose millions in lost revenue. The size and shape these illicit types vary globally. Combatting illicit trade is difficult as regulations and enforcement vary across countries. This session will look to highlight the current trends and suggest recommendations to reduce illicit trade.
Speaker name: Quinton Walker, Consultant