South Africa is a “ticking time bomb” of vehicle crime, says fleet management and stolen vehicle tracking company, Cartrack Holdings.
Its latest data shows a 16% increase in truck hijackings in the year ended February 2015.
This follows the release of figures by the Road Freight Association (RFA) which reported 1 150 truck hijackings during the same period, described as a ‘rapid and significant escalation’.
Research shows a direct correlation between the crime rate and economic and social conditions. During the financial crisis in 2008/9, truck hijackings in SA soared by 61% year-on-year. During the recovery years of 2011/12, the number of incidents fell by 42%.
Source: Tapa April newsletter
SA a “ticking time bomb” of vehicle crime
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