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Business News Leaders

Listen! Explosives-based crime costs the economy tens of billions

23 Oct 2023

Description

Smuggled explosives and blasting experts imported by criminal syndicates have become key enablers of crime in South Africa. At least one armoured car heist and one cash machine bombing takes place in the country every day, while explosives are also used in illegal mining. These activities cost the economy tens of billions of rand a year. Business Day TV discussed this in more detail with Willem Els from the Institute of Security Studies

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