Britain’s G4S is open to offers for cash business

Security contractor's share price rises after confirmation of move to hive off operations hit by ATM and bank branch closures amid rise in digital paymentsBengaluru — G4S will look at offers for all or part of its cash-transport business after its board approved hiving it off into a separate company in the first half of 2020.

“One of the virtues of the separate cash company that we’re creating is that it has a quite exceptional emerging market footprint,” CEO Ashley Almanza said. “We’re still addressing positive demand for cash services in those markets.” Although use of cash is declining, banks and retailers are increasingly outsourcing handling of notes and coins.The move will enable G4S to focus on its core security business, which was hit by a series of high-profile failures, including not providing adequate security staff for the 2012 Olympic Games in London.

Business and politics are way too complicated for me. I’ll will just sit on the sidelines to see what is to unfold between two political central powers in Lethuli house.

United States United States Latest News, United States United States Headlines

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

Cops bust syndicate wanted for business robberies in several provincesFive suspects believed to be part of the syndicate were arrested on Thursday shortly after allegedly committing a robbery at a clothing store in the Bela Bela CBD.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

In City Press Business: The big hospital rip-off; Tiger Brands refused entry to officialIn City_Press Business today: Cost for a natural birth at Mediclinic is 76% higher than at two independent hospitals that are part of the National Hospital Network; During listeriosis outbreak, Tiger Brands barred an official who wanted to take samples
Source: City_Press - 🏆 7. / 72 Read more »

Cops bust syndicate wanted for business robberies in several provincesThe suspects have been linked with a series of similar crimes that were committed in a few provinces.
Source: TimesLIVE - 🏆 28. / 59 Read more »

NAFCOC says illegal trade destroying businesses in retail sector - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The National African Federated Chamber of Commerce and Industry (NAFCOC) has applauded law enforcement agencies for the operations of seizing counterfeit and illegal goods in the Johannesburg CBD. So where does all this stuff come from It comes from China...and who lets it in The ANC bribed cadres...Blame the ANC. This stuff is a drop in the ocean. The ANC are letting in thousands of containers of this shite Which Nafcoc? Nafcoc should not be a mouthpiece to retailers, it must bring solution on how small business must grow within the competitive environment.
Source: SABC News Online - 🏆 32. / 51 Read more »