SBV Services (PTY) Limited Business Review 2022-2024
We are pleased to present to our valued stakeholders, the SBV Business Review for the period July 2022 to June 2024.
SBV Services Statement: Pierneef Boulevard Accident
STATEMENT FROM SBV SERVICES (PTY) LIMITED: TRAGIC ACCIDENT ON THE PIERNEEF BOULEVARD, MEYERTON, GAUTENG Houghton, 28 May 2024 - SBV Services (SBV) confirms that a tragic motor vehicle accident occurred this afternoon, the 28th of May 2024 involving an SBV CIT vehicle,...
Understanding Consumer Cash Usage in South Africa
An independent study of the make-up, behaviours, attitudes, and intentions relating to the cash usage of South Africans.
Accused sentenced to eight years imprisonment
15 March 2023 SBV SERVICES STATEMENT TO THE MEDIA - SHOPPING MALL CASH CENTRE THEFT ACCUSED SENTENCED TO EIGHT YEARS IMPRISONMENT HOUGHTON, 15 March 2023 – On Wednesday the 8th of March 2023, former SBV employee Bathobile Mlangeni was sentenced by the Alexander Court...
R1 million reward – CIT attack in Nyanga, Cape Town
03 November 2022 SBV SERVICES STATEMENT TO THE MEDIA SBV SERVICES IS OFFERING A R1 MILLION REWARD FOR INFORMATION LEADING TO THE SUCCESSFUL ARREST AND PROSECUTION OF SUSPECTS INVOLVED IN THE TRAGIC LOSS OF LIFE OF AN SBV EMPLOYEE IN A CASH-IN-TRANSIT ATTACK IN CAPE...
SBV Services (PTY) Limited Business Review 2021-2022
R1 million reward for information, CIT Attack, Kimberley
SBV SERVICES IS OFFERING a R1 MILLION REWARD FOR INFORMATION LEADING TO THE SUCCESSFUL ARREST AND PROSECUTION OF SUSPECTS INVOLVED IN THE TRAGIC LOSS OF LIFE OF AN SBV EMPLOYEE IN A CASH-IN-TRANSIT ATTACK IN KIMBERLEY Houghton, 5 August 2022 – We are extremely...
Attempted CIT attack on the N2 near Qumbu, Eastern Cape
SBV SERVICES STATEMENT – ATTEMPTED CASH-IN-TRANSIT ATTACK ON THE N2 NEAR QUMBU, EASTERN CAPE Houghton, 7 June 2022 – SBV confirms a cash-in-transit attack on an SBV team on the N2 near Qumbu, in the Eastern Cape on the 6th of June 2022. Several heavily...
SBV and the SAPS on the look out for suspects in KZN
SBV SERVICES STATEMENT – SBV AND THE SAPS ON THE LOOK OUT FOR SUSPECTS INVOLVED IN ATTEMPTED CASH-IN-TRANSIT ATTACK NEAR RICHMOND, KWAZULU-NATAL TODAY Houghton, 09 May 2022 – SBV confirms an attempted cash-in-transit attack on an SBV team in the Ixopo area near...
Appointment of General Masemola
“We congratulate General Fannie Masemola for being appointed as the National Police Commissioner on 31 March 2022. At SBV, we value our partnerships with the SAPS and we continue to work together to mitigate and fight CIT crime." Mark Barrett, Group CEO, SBV...
Attempted CIT Attack, Delmas, Mpumalanga
28 February 2022 SBV SERVICES STATEMENT – SBV AND THE SAPS ON THE LOOKOUT FOR SUSPECTS INVOLVED IN ATTEMPTED CASH-IN-TRANSIT ATTACK NEAR DELMAS, MPUMALANGA TODAY Houghton, 28 February 2022 – SBV confirms an attempted cash-in-transit attack on two ATM teams on the R42...
SBV commends the SAPS for preventing a CIT heist in Rosettenville
SBV SERVICES MEDIA STATEMENT – COMMENDING THE SAPS FOR OPERATION PREVENTING A CASH-IN-TRANSIT HEIST AND THE ARREST OF SUSPECTS INVOLVED Houghton, 22 February 2022 - Mark Barrett, Group CEO of SBV Services commends the SAPS for their bravery, swift action and...
R1 Million Reward: Unsuccessful Cash-in-Transit Attack, Dunoon, Cape Town
Houghton, 03 February 2022 – SBV Services confirms an attack on an ATM team outside the Shoprite Centre, Dunoon, Western Cape that occurred earlier today. Mark Barrett, Group CEO of SBV Services confirmed that one of SBV’s employees was injured during the attack and...
Suspect arrested for R4 million theft from a mall in Midrand
15 January 2022 SBV SERVICES STATEMENT – SUSPECT ARRESTED FOR R4 MILLION THEFT FROM CASH PROCESSING FACILITY AT A MALL IN MIDRAND Houghton 15 January 2022 – SBV Services would like to commend the South African Police Service (SAPS) for the apprehension of a former...
Crime syndicate alert: attempted bogus pick up
Statement regarding the standard operating procedures for the identification of SBV CIT Teams Servicing Retail sites Houghton 09 December 2021 – SBV Services notes with concern reports of a new criminal syndicate in operation. Yesterday (08 December) there was an...
Vaal Mall 02 Dec 2021
Houghton, 2 December 2021 Statement to the Media - Tragic Loss of Life, Vaal Mall Vanderbijlpark Houghton 2 December 2021 – SBV Services can confirm that a shooting incident involving an on duty SBV Services CIT custodian occurred at the Vaal Mall in Vanderbijlpark,...
Celebrating our 35th birthday
Today, 26 September 2021, marks 35 years since SBV Services was founded. At SBV Services, we are proud to provide cash-in-transit, cash processing and ATM services for South Africa, Namibia and Lesotho. Millions of people rely on SBV for the cash they need, and in...
SBV Services Business Review 2020-2021
We proudly present SBV Services’ Business Review for the period January 2020 – June 2021, which showcases our achievements including improving our company performance. Our Vision and Mission continues to inspire us, and our purpose keeps us focused. We are committed...
Incident: KwaMashu, KwaZulu Natal
Houghton, 7 June 2021 – SBV Services confirms an incident occurred at the Nyala Centre, KwaMashu, Durban earlier today. Mark Barrett, Group CEO of SBV Services says, “one of our ATM teams was involved in an incident while servicing an ATM at the Nyala Centre this...
R1 million reward offered: Gugulethu cash-in-transit attack
Houghton, 13 April 2021 – SBV Services is offering a reward of up to R1 million for information leading to the arrest and prosecution of the suspects who attacked a SBV team in Gugulethu, Western Cape on the evening of Monday the 12th of April. Mark Barrett, Group CEO...
SBV Services: Shooting Incident, 15 February 2021
SBV SERVICES STATEMENT TO THE MEDIA: TRAGIC LOSS OF LIFE MACASSAR, CAPE TOWN Houghton 15 February 2021 – SBV Services can confirm that a shooting incident involving one of SBV’s custodians occurred in Macassar, Cape Town this morning on 15 February 2021. Tragically...
Attack on Team Members, Cape Town
Houghton, 30 January 2021 - SBV Services confirms an attack this morning in Cape Town. While servicing an ATM, two of our first level maintenance teams were hijacked but were later released unharmed on the N2 near Macassar. One of the staff members had an explosive...
R1 million reward offered: Colorado Park cash-in-transit attack
R1 million reward offered: Colorado Park cash-in-transit attack Houghton, 23 December 2020 – SBV Services is offering up to R1-million for information leading to the arrest and prosecution of the suspects that attacked an SBV team at the Colorado Park Shopping Centre,...
SBV Services: Help Keep Us Safe – Help Keep Money Moving
SBV today launches a campaign to raise awareness of the role of Protection Officers when moving money. The campaign has been launched on Twitter and LinkedIn. You can view the video by clicking on the link below. Keep Us Safe. Keep Money Moving For more information,...
Professor Bonang Mohale to chair the SBV Services Board of Directors
25 November 2020 SBV SERVICES MEDIA RELEASE Houghton, 25 November 2020 - Mark Barrett, Group CEO of SBV Services, today welcomes business leader, Chancellor and best-selling author Professor Bonang F Mohale as he takes on the role of Chairperson. Professor Mohale was...
Justice Prevails: Conviction secured for CIT attack
Attempted Robbery and Murder: SBV ATM crew attacked on 1 August 2017 Well done to the South African Police Service and our Risk and Compliance team who have again displayed their commitment to the safety of our employees, customers and communities by ensuring that...
SBV Services engages with FEDUSA to resolve COVID-19 TERS impasse
Houghton Estate 16 September 2020 – SBV Services is proactively working with FEDUSA and MTWU to resolve employee concerns regarding discrepancies in COVID-19 TERS payments made to employees. Mark Barrett, Group CEO of SBV Services says, “We welcome the interventions...
COVID-19 Protocol and Procedures
At SBV Services we are committed to the safety and well being of all our employees. We have worked hard during this time to ensure that, as an essential service, we are able to continue our work safely. We take the threat of COVID-19 very seriously and have worked...
SBV Services: essential service during lock-down
As an essential services provider, SBV Services has permission from the CIPC to continue to operate throughout the lock-down period. We are taking all precautions we can to protect our employees. We will keep money moving for our country during this time. Permission...
SBV joins forces to launch industry association
SBV joins forces to launch industry association focused on fight against cash-in-transit crime in South Africa Houghton, 28th February 2020 — The increase in cash-in-transit (CIT) crime in South Africa over the month of February 2020 has received significant public...
R4 million theft from Mall of Africa cash collection facility
18 January 2020 STATEMENT FROM SBV SERVICES – R4 MILLION THEFT FROM MALL OF AFRICA CASH COLLECTION FACILITY Houghton 18 January 2020 – SBV Services is appealing to members of the public for any information which may assist the South African Police Service (SAPS) in...
Cash-in-transit industry launches alliance to counter violent attacks
Industry players will launch an association to bring greater co-ordination and collaboration to end violent robberies and threats to guards 06 FEBRUARY 2020 - 20:48 WARREN THOMPSON The country’s cash-in-transit (CIT) industry will launch an association that will...
N4 cash-in-transit heist: R1 million reward offered
Houghton 8 January 2020, SBV Services is offering up to R1-million for information leading to the arrest and prosecution of the suspects that attacked a cash-in-transit (CIT) van at approximately 16:00 on 7 January 2020 on the N4 West Highway towards Pretoria. The...
SBV Services (PTY) Limited Business Review 2019
Be mindful of the role of cash-in-transit protection officers
SBV Services urges members of the public to be mindful of the role of cash-in-transit protection officers when moving money Houghton 29 November 2019 – South Africa’s economy relies on cash. Ensuring that cash is available when needed is an essential service provided...
CIT Attack: Pretoria North, 30 November 2019
SBV SERVICES STATEMENT TO THE MEDIA: CASH-IN-TRANSIT HEIST N1/PRETORIA Houghton, 28 November 2019, SBV Services can confirm that a cash-in-transit vehicle came under attack on the N1 north of Pretoria today. The number of suspects is currently unknown. Our teams are...
SBV Nyanga Junction, Manenberg case for murder and robbery is laid to rest
SBV SERVICES STATEMENT TO THE MEDIA: Finally, justice is served - the SBV Nyanga Junction, Manenberg case for murder and robbery is laid to rest Houghton, Johannesburg– 19 September 2019. Zwelinkosi Tsolo a former SBV employee who was responsible for the murder of...
We Keep Money Moving
https://www.youtube.com/watch?v=Icn2dDxlfvw
Vehicle accident, Ulundi KZN, 06 September 2019
Vehicle accident, Ulundi KZN, 06 September 2019 Yesterday, three of our colleagues tragically lost their lives in an accident near Ulundi, KZN, when their vehicle left the road. One colleague remains in hospital and is in a stable condition. We have visited and spent...
KwaMashu, KZN, cash-in-transit attack
28 August 2019 SBV SERVICES STATEMENT SBV Services confirms that we experienced an unsuccessful cash-in-transit (CIT) attack on one of our teams operating in KwaMashu, KwaZulu-Natal, on Monday, 26 August 2019. A SBV staff member was injured and has been admitted to...
Bridge City Mall cash-in-transit attack – two suspects lose their lives
26 August 2019 SBV SERVICES STATEMENT Bridge City Mall cash-in-transit attack – two suspects lose their lives Houghton, 26 August 2019 – SBV Services can confirm that earlier today one of the company’s teams was attacked by an unknown number of suspects while...
Social media and the community – guarding against CIT criminals
Law enforcement agencies globally are turning to technology advances and social media to help track down criminals. South Africa is no different. From neighbourhood groups establishing WhatsApp communities, to SAPS Crime Intelligence building suspect profiles from...
Statement to the media – Laudium CIT Heist
SBV Services can confirm that a four-man team servicing a Standard Bank branch in Laudium, Pretoria was attacked by an unknown number of armed suspects yesterday. Two security officers sustained minor injuries during the attack and are currently being treated. SBV’s...
Statement from SBV Services – SBV vehicle and passenger bus collision on Moloto Road Pretoria
SBV Services confirms that one of the company’s armoured vehicles was involved in a collision with a bus on Monday 25 February 2019. The vehicle was travelling on the Moloto Road towards Pretoria in the late afternoon when the accident occurred. Mark Barrett Group CEO...
SBV sponsorship renewal in Lesotho focused on community development and support
SBV started operations in Lesotho in 2011, where we provide cash logistics services to the financial sector in Lesotho. As part of our expansion and development strategy, SBV established a multibank cash centre operation in Maseru in November 2014. In 2016, SBV...
Response to strike warning by the Motor Transport Workers Union
SBV is aware of the Motor Transport Workers Union’s (MTWU) threat to commence with strike action. SBV has been in consultation with the MTWU and a variety of matters have been agreed upon including an 8.5% salary increase. The two matters that are currently in...
Statement from SBV Services – motor vehicle accident Port Shepstone
SBV Services confirms that one of the company’s armored vehicles was involved in an accident with a pedestrian this morning, Friday 09 November 2018. The vehicle was travelling on Hope Street in Kokstad when the accident occurred. Sadly the pedestrian lost her life....
SBV Services applaudes Police Minister Bheki Cele for headway made in the battle against CIT crime
SBV Services applauds Police Minister Bheki Cele and the South African Police Service for making headway in the ongoing battle against cash-in-transit crime. Their perseverance over this long and tiring struggle has resulted in a 36% drop in CIT crimes compared to the...
SBV commends the SAPS for CIT crime fighting efforts
Cash-in-Transit crimes have caused concern for South African citizens as well as the cash services and business sectors, but a comprehensive response from the South African Police Service and private security firms means an improved ability to detect and prevent these...
R1 000 000 reward for information on Mthatha cash-in-transit heist
SBV confirms that a cross pavement cash-in-transit heist took place in Tsolo, Mthatha, Eastern Cape today. Two guards where tragically killed while on duty. The driver of the van is safe. An undisclosed amount of cash was taken. SBV’s Risk and Compliance team is...
SBV Services statement to the media – R100 000 reward Pretoria cash in transit robbery
SBV Services is offering a R100 000 reward for information that leads to the successful arrests and conviction of the perpetrators involved in a cash-in-transit robbery in Hammanskraal, Pretoria on Monday 2 July 2018. An unknown number of perpetrators confronted a...