11 July 2015
The South African Chamber of
Commerce and Industry has revealed that there has been a decrease in copper
theft between April and May.
The Copper Theft Barometer
revealed that the level decreased to R12.9 million in May from R13.6 million in
The May figure is 2.38% lower
than a month ago and 6.1% lower than a year ago.
SACCI Acting CEO Peggy
Drodskie said most of the theft that takes place the copper cable are exported
and China has actually been one of the key export markets.
“What we have found is, when
we always saw that when China was in that growth phase that it was in from time
ago, that they were using the copper that was imported for their infrastructure
Recently there has been
research which has been done at the Piking University Graduate School in China,
where it indicates that in fact this is not a case at the moment, Drodskie
Labels: China is found to be the leading buyer of stolen copper