'South Africa's economy is run on cash making it prone to heists'

South Africa's economy is run on cash and that makes it easy for criminals to target.

Author of the book, Heist, Anneliese Burgess says cash in transit heists are completely out of control in the country.

[WATCH] Money explodes into street after cash in transit heist shoot-out

The criminals told us when we spoke to them it's an easy crime, it's low risk, it's very lucrative and it's a prestige crime.

Anneliese Burgess, Author of Heist

READ: Dailene, the lady behind the video from Thursday's heist in Boksburg

In South Africa, 84% of all transactions are still taking place in cash. Cash is everywhere and the criminals know it.

Anneliese Burgess, Author of Heist

ALSO READ: Claims Boksburg transit heist suspect is a cop

Burgess says these crimes are done in an organised manner.

This is not just a couple of chaps who decide to go hit a van.

Anneliese Burgess, Author of Heist

One of the big shockers for me is how involved the police are. They are active participants.

Anneliese Burgess, Author of Heist

This article first appeared on 702 : 'South Africa's economy is run on cash making it prone to heists'


Recommended

by NEWSROOM AI
Read More
"Poverty premium" hits poorest hardest with high data costs

"Poverty premium" hits poorest hardest with high data costs

Koketso Moeti says South Africa's underprivileged are the ones paying a 'poverty premium'.

First the snake and Doom pastors, now congregants fed dog meat! What's going on?

First the snake and Doom pastors, now congregants fed dog meat! What's going on?

Prof David Mosomo says their role as the CRL Rights Commission is to compile reports, so legislation can be implemented.

[Watch] SA choir stuns with isiZulu cover of Ed Sheeran’s ‘Shape of You’

[Watch] SA choir stuns with isiZulu cover of Ed Sheeran’s ‘Shape of You’

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.

Claims Boksburg transit heist suspect is a cop

Claims Boksburg transit heist suspect is a cop

Eight people, including two bystanders, were injured during the heist on Thursday morning.

[LISTEN] Dailene, the lady behind the video from Thursday's heist in Boksburg

[LISTEN] Dailene, the lady behind the video from Thursday's heist in Boksburg

Another heist was carried out in Boksburg on Thursday morning and led to five people being arrested.

[WATCH] Money explodes into street after cash in transit heist shoot-out

[WATCH] Money explodes into street after cash in transit heist shoot-out

Police arrest four people in Boksburg after a cash in transit heist.

Popular articles
News24 exposes how big SA corporates are funding fake news

News24 exposes how big SA corporates are funding fake news

A News24 investigation has exposed how some of South Africa's biggest companies have been advertising on fake news websites.

7 expert tips on how to make your breakfast healthier

7 expert tips on how to make your breakfast healthier

Nutrition and diet expert, Catherine Pereira, shares some advice on how to make healthier decisions for your morning meals.

[WATCH] Man exposes people selling stolen goods on Facebook

[WATCH] Man exposes people selling stolen goods on Facebook

Anton Fourie says he used his phone to record the interaction to create awareness of what is going on in the community.

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.