The past weeks saw yet another spate of brazen cash-in-transit (CIT) robberies as organised criminals left their mark in several provinces on a shopping spree for large amounts of cash.

According to news reports by SABRIC, the country has already suffered a loss of R15 million in CIT robberies between January and April 2017. This number has almost certainly risen since then.

Cash Crime predicted to increase over Easter holidays

South Africa has witness a spate of cash-in-transit robberies in just less than a week. The most recent incident occurred in Johannesburg CBD on Monday, where two security guards were critically injured.

The rumours of cash’s demise have been greatly exaggerated. Despite how ubiquitous and convenient electronic money systems have become over the years, many people still prefer the tangibility of cold, hard cash.

Take Action

Call Me
Quote Me
Book a Demo

Newsletter
Subscription

Click Here

Contact Us

T | +27 11 010 4300
E | info@cashconnect.co.za
CC | 0861 MY RAND (69 7263)

Jhb Head Office:
Innesfree View | 4 Harris Road (Cnr Katherine & Harris) | Sandown Ext 20 | Sandton | 2196 | South Africa

Regional Contacts