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

By - July 30, 2014 Share on LinkedIn
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

Share your thoughts

Join the conversation

Connect with Us

androidappletwitterfacebookgoogleplusfeednewsletter

Poll

Are you getting a Christmas bonus or 13th cheque?

View Results

Loading ... Loading ...

More News

SABC board must walk the talk – Radebe

SABC logo

The SABC needs to walk the talk and abide by the Constitution in respect to the inquiry into the board’s fitness to hold office

No such thing as a 20% maths pass mark – Education Department

Education maths

The Department of Basic Education on Friday moved to clear up confusion over reports that it would now allow junior high school pupils to pass maths if they achieved 20% in the subject.

New cyber-attacks on major banks

Hacker

Russia’s telecom operator on Friday said it had blocked a series of cyber-attacks on the country’s leading banks this week, the latest to target Moscow’s financial sector.

How are so many professionals afraid of a high school dropout?

hlaudi-motsoeneng

Former SABC board member Krish Naidoo says Hlaudi Motsoeneng is “squatting” at the broadcaster, and can’t understand how so many professionals are afraid of a “high school dropout”.

Free MyBroadband Newsletter
×