New platform aims to foil luxury watch thieves

South Africa News News

New platform aims to foil luxury watch thieves
South Africa Latest News,South Africa Headlines
  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

New digital platform aims to help trace lost and stolen timepieces and jewellery.

Everyone in South Africa knows of a story — or, more terrifyingly, has their own story — about something valuable being stolen.

In April, the UK’s Evening Standard said more than 6,000 luxury timepieces were reported stolen to London’s metropolitan police, often in violent incidents. And in the US, luxury media brand Robb Report said the Los Angeles county sheriff’s department reported a 30% surge in watch robberies in 2022.

Critically, Enquirus is open to all luxury watch marques — not just those owned by Richemont such as Cartier, Jaeger-LeCoultre and Panerai. Already, there are more than 190 watch brands registered on the system. “The idea was, if you act with speed and you can register a theft or loss on a database that is instantaneously accessed by police, by insurance companies, and it becomes habitual … then you remove a large part of the incentive for criminals,” says Vivier.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialMail /  🏆 20. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Small big deal' new Volvo EX30 teased ahead of 7 June reveal | The Citizen'Small big deal' new Volvo EX30 teased ahead of 7 June reveal | The CitizenVolvo has forwarded the launch date of its new EX30 to 7 June, after initially confirming the 15th of the same month as the reveal date for the junior sibling of the EX90. 🚗 TheCitizenMotoring
Read more »

Actress Nomalanga Shozi talks about motherhood and her new acting gig | City PressActress Nomalanga Shozi talks about motherhood and her new acting gig | City PressNomalanga Shozi made her debuts in the entertainment industry through various shows, but was popularly known for appearing in Rhythm City in 2018 when she played the character of Nomalanga.
Read more »

Uganda: New Law to Impose 30% Tax on BettingUganda: New Law to Impose 30% Tax on BettingParliament has passed the Lotteries and Gaming (Amendment) Bill, 2023 that will revise the existing tax of 20 per cent under the existing law to 30 per cent for a gaming activity.
Read more »

PanSALB releases explanation for spelling change on new R100 banknotePanSALB releases explanation for spelling change on new R100 banknoteWhen the SARB unveiled the country's new banknotes, Xitsonga-speaking communities pointed out a spelling change on the R100 note, flagging the change as an error. The Pan-South African Language Board has issued an explanation for the spelling change.
Read more »

Motsoaledi proposes new formula for funding independent representativesThe proposals arise from the Electoral Amendment Act provisions allowing independent candidates to stand for national and provincial elections
Read more »

Meta taking on TikTok with new views-based payouts for Reels creatorsMeta taking on TikTok with new views-based payouts for Reels creatorsThe new model should encourage creators to post more entertaining videos, and give users and advertisers more reasons to spend time and money on its apps.
Read more »



Render Time: 2025-02-25 14:22:30