Cape Town construction mafia costs billions, report finds

<p><img src="https://biz-file.com/c/2406/741163-208x117.jpg?5" width="208" height="117" alt="The construction mafia is costing the country billions. Source: Shivendu Shukla/Unsplash" align="left"><br><span >The construction mafia is costing the country billions. Source: Shivendu Shukla/Unsplash&lt;/span><p>Cape Town's construction industry is under siege by the <i>construction mafia</i>, a serious problem that puts billions of rands worth of projects in jeopardy, according to a new report by the Global Initiative Against Transnational Organized Crime (GI-TOC). The report, titled <i><a href="https://globalinitiative.net/analysis/the-shadow-economy-uncovering-cape-towns-extortion-networks/">The Shadow Economy: Uncovering Cape Town's Extortion Networks</a></i> and authored by Global Initiative Against Transnational Organised Crime senior expert Jenni Irish-Qhobosheane, explains how these organised crime groups use force, threats, and blackmail to get a cut of construction contracts.</p><br> <a href="https://www.bizcommunity.com/article/cape-town-construction-mafia-costs-billions-report-finds-014695a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=360&ct=1&ci=249277">Send to a friend</a></p><div style="clear:left"></div>