The SA Banking Risk Information Centre (Sabric) on Thursday applauded a vow by Police Minister Nathi Mthethwa to clamp down on cash-in-transit heists.

"Sabric... welcomes with encouragement the announcement yesterday [Wednesday] by the Minister of Police, Mr Nathi Mthethwa, that the National Department of Police will give special attention to the continued incidents of cash-in-transit heists and intensify police efforts to combat organised crime."

Sabric CEO Kalyani Pillay said in a statement it was clear the new administration had realised the need to give special attention to organised crime.

"We are extremely encouraged by this development and commit ourselves to partnering with government in its efforts, especially in so far as combating organised crime in the banking and CIT [cash-in-transit] industries is concerned," said Pillay.

Mthethwa, in his budget vote speech on Wednesday, said cash-in-transit heists remained a mater of "vital concern" to the government.

"The threat posed to the public, where heavily armed criminals conduct heists in public spaces, requires intervention. The ministry is currently looking at a number of different approaches to address this problem," said Mthethwa.

Sapa

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