Everybody has a price in South Africa’s booming kidnapping-for-ransom market

Loading player...
Herman Bosman, the Kidnapping and Crisis Incident Manager at TSU International, spoke to BizNews about the steep increase in kidnappings, particularly of high-net-worth individuals. This has already led to companies abruptly closing their doors and leaving the country. In this interview, Bosman warns that the damaging effect on the economy is being underestimated and calls for drastic measures to stop the situation from getting completely out of control. Meanwhile, he shared some tips people can use to better prevent themselves from becoming kidnap victims. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 May 2023 4PM English South Africa Investing · Business News

Other recent episodes

NdB Sunday Show | Mzo Mpolase: How low can SA go?

In today's NdB Sunday Show with Chris Steyn, Political Analyst Mzo Mpolase slams President Cyril Ramaphosa's latest utterance on the looming loss of AGOA. "You're running a country here, you're not running some ANC ideological office. This is the fate of the economy, the fate of many jobs, which you…
25 Oct 9AM 27 min

BN Edge | Mini-budget unpacked, with Finance Minister Enoch Godongwana

Two days after telling Parliament that South Africa had emerged from the fiscal wilderness, Finance Minister Enoch Godongwana gave up part of his weekend to explain what that did and didn't mean. He conceded the tax burden had reached levels no finance minister should be comfortable with, and that growth…
25 Oct 9AM 20 min

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min