Latest news with #cashintransit
News24
04-07-2025
- News24
Two killed in shootout, 2 arrested as KZN police foil cash-in-transit heist
Two people were killed in a shootout with KwaZulu-Natal police, and two others were arrested on Thursday evening. The shootout occurred when police foiled a cash-in-transit robbery in Sinyameni. According to police spokesperson Brigadier Jay Naicker, officers received intelligence about a planned heist, and an operation was immediately put into place. The identified area was monitored. 'A Mercedes-Benz vehicle with four occupants was spotted and tactically approached by police. As the police officers approached the vehicle, they came under fire from the suspects,' he said. 'Following a shootout, two suspects were fatally wounded, while two were apprehended. Two unlicensed firearms, as well as ammunition, were recovered from the scene.' The two arrested men, both in their 40s, have been charged with unlawful possession of firearms and ammunition. Preliminary investigations have revealed that one of the arrested men is a former private security company employee. They are expected to appear in the Msinga Magistrate's Court soon.
Yahoo
23-06-2025
- Business
- Yahoo
EXCLUSIVE: Guardforce AI Renews 3-Year Deal With Thailand's Government Savings Bank
Guardforce AI Co (NASDAQ:GFAI) on Monday announced that its subsidiary, Guardforce Cash Solutions Security (Thailand) Company Limited (GFCS), has won a three-year renewal with Government Savings Bank (GSB). GSB one of Thailand's state-owned banks adn the renewal deal is effective from June 1, 2025, through May 31, 2028. This fourth consecutive renewal represents a decade-long partnership between the company and the renewed agreement, GFCS will continue to provide secure and efficient cash-in-transit and maintenance services for GSB's ATM network across Thailand's upcountry regions, which covers most of the company's ATM services currently handled. With this renewal, Guardforce AI will secure stable and predictable revenue streams over the next three years, providing the company with a solid financial foundation to invest in innovation and expand its AI-driven solutions, the company said. In January, GFCS renewed key contracts with its long-time customer GSB in Thailand. Under two three-year multi-million-dollar contracts, GFCS continued to deliver cash center operations and secure logistics services for coins. Price Action: GFAI stock closed lower by 3.33% at $1.16 Friday. Read Next:Photo via Company UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article EXCLUSIVE: Guardforce AI Renews 3-Year Deal With Thailand's Government Savings Bank originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News24
16-05-2025
- News24
One person killed, another wounded in attempted cash-in-transit heist in Mpumalanga
Two suspected cash-in-transit robbers have been shot - one of them dead - during an attempted robbery. Police say they were part of a group of gunmen who targeted a cash van. The rest of the gunmen fled. Guards shot a suspected cash-in-transit robber dead and wounded another during an attempted heist near White River, Mpumalanga on Thursday. According to police spokesperson. Brigadier Donald Mdhluli, preliminary reports indicate that an unidentified number of gunmen attacked cash-in-transit guards. A shootout ensued. One of the gunmen was shot and succumbed to his injuries at the scene. Another was wounded and is receiving medical attention under police guard, according to Mdhluli. 'Two rifles were recovered at the scene, while the Ford Ranger reportedly used by the suspects was later found abandoned in Swalala, near Masoyi. It is important to note that, according to our initial investigations, no money was stolen during this attempted robbery,' said Mdhluli. READ | 'The rest of their body couldn't be found': Thokoza residents recall failed CIT heist The person who was wounded is expected to appear in court soon. 'We urge anyone with further information regarding the whereabouts of the outstanding suspects or any information relating to this incident to contact the SAPS or report anonymously through Crime Stop at 08600 10111, or send information via the My SPAS app,' Mdhluli added. Acting provincial police commissioner, Major General Zeph Mkhwanazi, said law enforcement agencies were working collaboratively to combat crime, and added that the strategies put in place were beginning to yield positive results. 'The swift response and professionalism demonstrated by our security partners during this incident are commendable. Our commitment to ensuring the safety of the community remains unwavering, and we will continue to work tirelessly to bring criminals to justice,' said Mkhwanazi. According to annual crime statistics, during the 2023/24 year, police recorded 211 cash-in-transit heists – a decrease from the 238 recorded in the previous year. Gauteng had the highest number of incidents (61), followed by the Eastern Cape (50). Mpumalanga recorded 15 cases.
