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Counterfeit products a serious problem in SA

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Paul Ramara from Spoor and Fisher attorney says counterfeit goods impact South Africa’s economy negatively.

He says counterfeit goods are a serious problem.

A study has revealed that almost 30 % of online shoppers get duped into buying counterfeit products like fake make-up, skincare and medicine.

According to the study, counterfeiting is mushrooming due to a lack of legislation and enforcement to counter online and offline trading.

PayPal, a worldwide online payment system that supports online money transfers, stated that almost 70% of all active online adults in South Africa spent an estimate of R45.3 billion till the end of 2018 .

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