Copper theft on the decline

The Copper Theft Barometer decreased for the first time last month since February, the SA Chamber of Commerce and Industry has said

July 30, 2014
Copper wires

The Copper Theft Barometer decreased for the first time last month since February, the SA Chamber of Commerce and Industry (Sacci) has said.

Copper theft decreased to R12.2 million in June compared to R15.4m in May.

This equated to 166 metric tons of stolen copper in June, from 214 metric tons in May.

“It is too early as yet to determine whether the decline is a temporary dip in the recent upward trend, or possibly a positive indication of a downward trend reset,” it said in a statement.

The barometer had previously shown three consecutive months of theft increases.

At the time Sacci called for a specialised copper theft unit.

“The outlook for copper theft levels for 2014 remains concerning despite the decrease in June,” Sacci stated.

“As noted previously, a dedicated national copper theft police unit can play an important role in prosecuting larger criminal syndicates.”

More tech news

KykNET fined R30,000 for Tourette’s skit

We will force change: DoC

Sentech faces strike action

Tags: copper theft, quicknews, SACCI

Free Email Newsletter:
Subscribe

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Are you working over the festive season?

View Results

Loading ... Loading ...

More News

New Cell C data prices released

Cell C explosive

Cell C has unveiled new prepaid, contract, and data prices, which kick in on 1 January 2015 for prepaid products and 1 February 2015 for contracts

Google unveils fully functional self-driving car

Google self driving car

Google unveiled its first “fully functional” self-driving car Monday

Turn on Christmas tree lights with Twitter

Twitter-logo-new

Twitter users anywhere in the world can control the lights on a holiday display in New Jersey

Copper theft down in November

Copper cable

The cost of copper theft decreased to R13 million in November from R13.2m in October

Free MyBroadband Newsletter:
Subscribe
X
bool(true)