Rise in crime bad for investment

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Rise in crime bad for investment
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DA says the police have ceded control of roads and highways to criminals

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SA’s crime statistics for the period from January to March, released by police minister Bheki Cele on Friday, showed a sharp rise in business-related crimes, which negatively affect business confidence and investment in the country.

Cash-in-transit robberies went up 26.2%, truck hijackings 31.4%, carjacking 19.7%, commercial crime 12.7%, and there were more bank robberies than in the last quarter of 2021...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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Rise in crime bad for investmentDA says the police have ceded control of roads and highways to criminals
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