Agreement to set new standards

June 2003 News

As part of an ongoing programme to upgrade security at its service stations, Caltex Oil (SA) has signed a cash-in-transit service-level agreement with Coin Security Group.

The new agreement hopes to reduce the risk of armed robberies and cash-in-transit heists through improved operating procedures that are aimed at safeguarding the lives of personnel and customers at service stations.

Service levels and resources include increased guarding personnel, the use of highly specialised armoured vehicles and high-tech surveillance equipment.

Cobus Marx, Caltex Regional Security Advisor said; "The service levels outlined in the new agreement will ensure that Caltex is in a position to provide better protection to our retailers, forecourt staff and customers.

"At the same time, the improved procedures will raise security standards within our industry and will contribute to reducing the unacceptably high levels of crime in this industry. From a retailer's perspective, it will also mean a reduction in insurance rates levied on cash-in-transit transactions."

"Our co-operation with Caltex in the formulation of this agreement provides a security solution that lays down essential guidelines and standards aimed at saving lives and protecting assets on forecourts across South Africa," commented Jaco Pretorius, commercial director of the Coin Security Group.

For more information contact Cobus Marx, Caltex Oil (SA), 021 403 7612, fax: 021 403 7625.

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