R/€ = 15.60 Change: -0.01
R/$ = 13.70 Change: -0.01
Au 1293.40 $/oz Change: 3.11
Pt 806.48 $/oz Change: 4.33


Cash-in-transit heists could lead to losses of R470m, Parliament hears

By: News24Wire      14th June 2018 Cash-in-transit heists will lead to cash losses of R470-million this year if the current trend continues, the Portfolio Committee on Police heard on Wednesday. The meeting brought together a range of stakeholders concerned with cash-in-transit heists, including the South African Banking Risk... 

Rising attacks on cash-carrying vans pose threat to economy

By: African News Agency      1st June 2018 A renewed surge in attacks on armoured trucks that transport vast amounts of money between retailers and banks is hurting South Africa's economy, given that the bulk of transactions in the country are still conducted in hard cash, industry officials said this week. Cash-in-transit (CIT) attacks... 

Automation, use of intelligent cameras key trends in high-tech security

By: Schalk Burger     3rd March 2017 Intelligent cameras that detect and track intruders, the automation of control room systems that enable guards to be more proactive and growing rental demand are some of the key trends within the security industry, says integrated security multinational G4S South Africa technology director Tim... 

Largest Guarding Service Companies in the World are Adopting Electronic Guarding based on Xtralis ADPRO XOa to Enhance

15th January 2016 Largest Guarding Service Companies in the World are Adopting Electronic Guarding based on Xtralis ADPRO XOa to Enhance Their Service Offering, Increase Their Margins, and Expand Their Market Reach. New Xtralis ADPRO XOa 3.2 software vastly improves its unique electronic guard (eGuard™) capability... 

Security group reports rise in uptake of retail cash-management solutions

By: Schalk Burger     4th December 2015 Retailers in South Africa and Africa are increasingly adopting smarter on-premise cash management systems to improve their security and reduce theft and robbery risks. This is partly because there is a significant cash component to Africa’s retail transactions, which is expected to increase... 

Private security Bill threat to foreign investment if passed – Sacci

By: Tracy Hancock     18th June 2014 Should President Jacob Zuma sign into law the Private Security Industry Regulation Amendment Bill, which includes a clause relating to the dilution of foreign ownership, there could be many unintended negative consequences for the South African economy, says the South African Chamber of Commerce... 

Illegal mining on the decrease but still a cause for concern

By: Sashnee Moodley     29th November 2013 Illegal mining has reduced drastically in Mpumalanga, the Free State and Gauteng since Mineral Resources Minister Susan Shabangu established Illegal Mining Stakeholder forums in 2009; however, this practice still remains a threat within the South African mining sector. Shabangu stated in... 


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