All data is delayed
See More

Copper worth R259m stolen in 2010

Mar 30 2011 16:17

Company Data


Last traded 68
Change 2
% Change 3
Cumulative volume 689152
Market cap 0

Last Updated: 08-10-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Copper thefts ease in December

Copper thieves start 2011 with a bang

Power theft costs SA R4bn a year

Power theft costs R4.4bn

Copper theft costs SA R5bn a year

Johannesburg - Copper valued at R259m was stolen during 2010, the SA Chamber of Commerce and Industry (Sacci) said on Wednesday.

"The annual total cost as measured by the barometer for 2010 was R259m," Sacci said in a statement on its Non-Ferrous Metals (Copper) Theft Barometer.

This was followed by a spike in January 2011 to R20.5m and a return in February 2011 to the level of R16.5m.

The barometer reflects the experiences of Transnet, Telkom [JSE:TKG], and Eskom on a current and projected basis and covers the six months preceding the date of the release.

The indicator shows replacement costs but not indirect costs such as security to protect infrastructure.
transnet  |  eskom  |  telkom  |  sacci  |  copper theft


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote