Cash-in-transit industry launches alliance to counter violent attacks

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SA's 'Big Three' cash-in-transit companies plan to launch an industry association open to all competitors to address ongoing violence against personnel and vehicles

Industry players will launch an association to bring greater co-ordination and collaboration to end violent robberies and threats to guardsCash in transit vans line along Beyers Naude square. Picture: MASI LOSI

This could also possibly lead to standardisation of “cross pavement” values. It’s the riskiest leg of the movement of cash and involves the value or amount of money personnel carry on foot from the vehicle to the client’s place of business. The number of attacks on CIT vehicles and personnel have been on a downward trend since October and November 2017 when more than 30 attacks were carried out. Explosives were also used for the first time to blast open vehicles, leading to more brazen attacks.

 

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