SA counterfeit industry worth R362bn

The South African counterfeit industry is estimated at approximately R362bn and is viewed as one of the world's fastest growing industries, with seizures of fake goods up 46% annually according to a counterfeiting expert at attorneys Adams & Adams. 

In August this year, a few weeks prior to the 2011 Rugby World Cup, the South African Revenue Service (Sars) confiscated 66 000 counterfeit rugby jerseys, with an estimated street value of R43m. [News24]