Africa is the new global growth centre and this has been confirmed by South Africa's acceptance as a BRICS member in 2010. There is a massive post-colonial infrastructure backlog coupled with a billion plus population that is young both of which present diverse economic opportunities waiting to be exploited. Counterfeiters have moved in quickly to exploit this market with cheap and dangerous fake products.
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Compiled by Paul Ramara, Partner and Michael Lamont, Candidate Attorney at Spoor & Fisher.
This article was first published in Without Prejudice, May 2013.
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