See More

Crime hits half of SA businesses

Jul 06 2011 13:39 Sapa

Related Articles

Illegal economy costing SA billions

SA ranks high in cyber crime

Former Land Bank CEO in court

UN slaps Gaddafi with sanctions

Illegal activity threat to SA economy

Gauteng is SA's crime capital

Johannesburg - Fifty percent of South African businesses have been directly affected by contact crime in the last year, according to Grant Thornton's 2011 International Business Report.

"This figure is still unacceptably high, with half of the survey population being directly affected by crime in the past year," said Leonard Brehm, national chairperson of Grant Thornton on Wednesday.

"The sad conclusion is that crime is still a major problem in South Africa."

Business owners were asked if they, their employees or any of their immediate families had been directly affected by crimes such as road rage, hijackings, personal security threat, violent crime or housebreaking in the last 12 months.

Although 50% said yes, the numbers had decreased, Brehm said.

When Grant Thorton started surveying the impact of crime on South African private businesses in 2007, 84% said they had been affected.

Now, just five years later, the figures were almost 35% lower, he said.

In 2009, 32% of business owners said they were considering leaving the country, while in 2010 it was 18% and in 2011, 17%.

"Overall, though we are encouraged by the fact that there has been an improving trend over the years, the effect and cost of contact crime on business remains appalling," Brehm said.

The political climate was also among some of the reasons why business owners had considered emigrating.

According to the report, 46% cited this as a concern this year compared with 42% in 2010.

Fifty-seven percent of business owners in Gauteng and 62% in the Eastern Cape recorded the highest responses as to whether the political climate was a concern.

The Western Cape had the lowest response with 29%.

Sixty-four percent of business owners in the Western Cape stated that the high crime rate in South Africa was their main reason for considering emigration. This was followed by KwaZulu-Natal with 59%, Gauteng with 54% and Eastern Cape with 46%.
business confidence  |  sa economy



Read Fin24’s Comments Policy

24.com 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
Add your comment
Comment 0 characters remaining

Company Snapshot

We're talking about:


Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

The Fast and Furious R40 million

With the Fast and the Furious 7 hitting South African cinema’s this April, all eyes are on the cars and we’re in for a treat!


Luxury living

This is the most expensive burger in the world!
Exclusive food items that WILL break the bank
Top 10 most expensive homes in the world
You can permanently live on a ship and sail the world!

Money Clinic

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

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote