South Africa’s Underground Economy

Billions of rands slip through South Africa’s fingers every year through a thriving shadow economy that fuels corruption, crime, and deepening inequality.

South Africa’s Underground Economy

screenshot 2025 09 09 at 09.02.37

 

 From illegal mining to counterfeit goods, cigarette smuggling to entrenched state capture networks, the illicit economy is eating away at South Africa’s future.

This month, Democracy Unplugged turns the spotlight on the underground economy:

Who’s profiting? Who’s paying the price? And what action is needed to break this cycle of chaos?

Hosted by Penuel the Black Pen, the panel brings together three leading voices:

  • Godfrey Lebeya, Former Head of the Hawks
  • Khulekani Mathe, CEO of Business Unity South Africa
  • David Ansara, CEO of the Free Market Foundation

 

Together, they unpack the true cost of the illicit economy. As South Africa struggles with unemployment, inequality, and a fragile economy, the fight against the illicit economy is not just about law enforcement. It’s about restoring trust, protecting livelihoods, and securing a future where prosperity isn’t stolen in the shadows.

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