Incidents of robbery of cash-in-transit and bank robberies have witnessed a decline over the last financial year in South Africa, the government has revealed.
On Thursday, the country's National Crime Statistics department released the latest statistics, the South African Government News Agency reported.
"Robbery of cash-in-transit has remarkably reduced by over ... 62.4 percent during the past four years. We are encouraged to see a further 20.3 percent decrease during the past financial year (2012/13).
"Bank robbery remarkably reduced by ... 93.1 percent during the past four years and we are pleased with another significant decrease of 80 percent during the past financial year (2012/13)," said Police Minister Nathi Mthethwa at the release of the statistics in Pretoria.
In the period under review, there has also been an 18 percent decrease in ATM bombings, from 261 cases down to 214 cases.
The minister attributed this to lessons derived from strategic and structured partnerships with industry bodies, such as the South African Banking Risk Information Centre (SABRIC).
SABRIC's CEO Kalyani Pillay said, the downward trend demonstrates the commitment shown by dedicated policemen and women, working in collaboration with the banks, cash-in-transit companies, and SABRIC.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
