Extortion rackets becoming an epidemic in South Africa – Mavuso

Large industries, from mining to construction, are being targeted by extortion rackets of epidemic proportions, as organised crime is fast emerging as the biggest threat to South Africa’s economy, says Business Leadership South Africa (BLSA) CEO Busi Mavuso. Such crime, she says, is now more damaging than bad policy or service delivery failures, with such activity undermining any efforts to build a country with a growing economy based on good policy and an effective State.

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