Gauteng is a marketplace for stolen copper cables: Hawks - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Gauteng Head of the Hawks, Major-General Ebrahim Kadwa, says Gauteng is the marketplace for stolen copper cables. They are brought in from other provinces and neighbouring countries; and get melted at a refinery before being shipped overseas.

Electric copper wire is seen in this illustration picture, October 25, 2017

He says Gauteng is the central hub for the lucrative trade in stolen copper cables and that some of the big businesses are able to evade prosecution by paying large amounts of money to authorities. “”Most of the copper is sent into international markets. The International Trade and Administration Commission has strictly controlled the issuing of export permits. But what the bad guy is doing is working with complicit shipping companies and they are able to manipulate the customs declaration code and would give it as scrap metal instead of copper products.

Owned Enterprises are unable to positively identify their stolen infrastructure, and this poses a challenge for law enforcement to prosecute perpetrators.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What a wonderful discovery 👋

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

Why announce it though? Why not conclude the investigation, make arrests then you can talk to the media about it? Now that the crooks have been alerted they will move.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PSA awaits SARS wage offer - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Public Servants Association (PSA) says it is waiting for the South African Revenue Service’s (SARS) wage offer that includes a proposed cash payment for workers. And health workers are offered 0%. Should strike
Source: SABCNews - 🏆 37. / 51 Read more »

EXPLAINER | About Monkeypox - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.EXPLAINER | In May 2022, multiple cases of monkeypox were identified in several non-endemic countries. Studies are underway to further understand the epidemiology, sources of infection, and transmission patterns of the virus.
Source: SABCNews - 🏆 37. / 51 Read more »