Wednesday, March 18, 2009

City warns traders on counterfeit goods.

By Yamkela Xhaso
18 March

The City of Cape Town has warned of tougher action against traders who sell counterfeit goods as the 2010 World Cup gets closer.

Alderman Ian Nelson, Mayoral Committee Member for Finance, Economic and Social Development and Tourism says that atleast 25 percent of the retail sales of sports licensed products are lost due to the sale of counterfeit goods.

Nelson said this kind of action impoverishes the city .

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