INTERVIEW– CRIMINALS ARE DRUGGING VICTIMS TO STEAL MILLIONS IN SOUTH AFRICA

Loading player...
GUEST – Nazia Karrim, Head of Product Development at the Southern African Fraud Prevention Service

Mkhulu Solly Nduku, Traditional Health Practitioners Sector leader

The South African Fraud Prevention Service (SAFPS) has warned that criminal syndicates are drugging victims with hallucinogens as part of an intricate and elaborate ‘sangoma’ scam that targets followers of traditional African belief systems.

This is one of two new wildly intricate scams that have emerged in the country, where syndicates are going the extra mile steal millions of rands from unsuspecting residents. “South Africans are deeply connected to their culture and cultural beliefs. Followers of the fundamental traditional African belief system believe they are watched over by their ancestors, who guide them in times of crisis or when facing an important decision in their lives,” the SAFPS said.

As many South Africans currently face harsh economic conditions, individuals are seeking guidance on how to see them through the challenging times – and scam artists are abusing these belief systems and desperation. Nazia Karrim, Head of Product Development at the SAFPS noted that the Directorate for Priority Crime Investigation has recorded a spike in what it calls “ancestry scams”,and approached SAFPS to help inform the public about the threat.
16 Aug 2023 4PM English South Africa Business News · Investing

Other recent episodes

Rustenburg mayor raises alarm over rise in illegal mining

Rustenburg Executive Mayor Sheila Mabale-Huma has raised concerns over the growing threat of illegal mining in the North West town. Her warning follows the deaths of 14 illegal miners and injuries to scores of others at a disused mine in Nkaneng near Rustenburg. The incident has again highlighted the dangerous…
19 Aug 2PM 10 min

South Africans Under Pressure: Inside the Q2 2026 Debt Index

DebtBusters’ Benay Sager breaks down the latest Debt Index, revealing consumers still using 64% of their income to service debt, with high earners needing 103% just to stay afloat. We unpack the surge in unsecured credit, cost‑of‑living shocks, multi‑lender borrowing, and why debt counselling outcomes are improving despite rising financial…
19 Aug 1PM 8 min

DRDGOLD’s Big Year: Earnings Surge & Vision 2028 Takes Shape

DRDGOLD CEO Niël Pretorius unpacks a standout FY2026 performance, with revenue up 42%, operating profit up 83%, and major Vision 2028 infrastructure coming online. We explore production stability, the company’s debt‑free position, dividend uplift, and how new assets like the Daggafontein TSF and DP2 expansion reshape future output.
19 Aug 1PM 15 min

SA Consumer Price Inflation slows to 4.3% in July

Nedbank Economist Isaac Matshego breaks down South Africa’s July CPI print, which eased to 4.3% as fuel prices softened and goods inflation cooled. We unpack the drivers behind the slowdown, the stubborn pressure from housing and utilities, and what this means for consumer wallets heading into the September MPC meeting…
19 Aug 12PM 16 min

Leaky Pipelines & Broken Rungs: Fixing Gender Gaps in Investments

PPS Investments’ Fran Troskie breaks down why asset management still struggles with gender parity — from caregiving burdens to promotion barriers, wage gaps, and murky leadership pathways. A candid Women’s Month conversation on redesigning the industry for true inclusion.
18 Aug 1PM 16 min