For instance, according to the Euromonitor Illicit Alcohol Trade report, in the alcohol sector alone, illicit alcohol trade was estimated to be worth $1.91b (Shs7.25 trillion) between 2017 and 2020, for which, government lost an average of $458m (Shs17.3b) in taxable revenue.
In the tobacco sector, estimates indicate Shs30b are lost annually to illicit trade, which therefore tells of a well-spread cancer that continues to be a challenge to specifically consumers, the Uganda Revenue Authority (URA), and the government as a whole.
The vice transcends borders with a well-oiled network through which goods are moved and sold to unsuspecting consumers.
In other words, it is a real challenge that needs multi-faceted long-term solutions, devoid of quick fixes.
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