About - Izicash - Cash in Transit (CIT)
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About

Providing Cash services for over a decade in the Northwest and Gauteng Province. With the best cash-in-transit (CIT) statistics and loss ratios in the Industry.

Cash in Transit Guard Close-Up

Brief History of Rens CIT

Rens CIT has been operated for the last 12 years in the Northwest-and Gauteng Province. Mr. Christo van Rensburg was the sole shareholder.

 

The operation was based from Brits (North West) and it provided services such as CIT, Cash Processing and Close Protection Services to mainly SME (Small and Medium Enterprises). Main Sectors of engagement were the Fuel Retailers, Retailers, Manufacturing, Mining and the Education Sector.

 

Rens CIT serviced areas such as Brits, Hartbeespoortdam, Pretoria, Midrand and Johannesburg and had an immaculate risk history.

Cash processing izikathi

The Acquisition of Rens CIT

During 2015 Mr. Christo van Rensburg decided to unbundle his company and to sell the CIT (Cash-In-Transit), Cash processing and CPO (Close Protection Officers) Operation.

 

Mr. Albert Erasmus, the then CEO of G4S South Africa engaged Mr. Van Rensburg in his private capacity and submitted an offer to purchase this part of the Operation. The offer included a plan to establish a new legal entity and to purchase only the contracts (CIT, Cash Processing and CPO) and all the weapons.

 

As part of the agreement it was agreed that the new entity would take over all the staff of Rens CIT.

 

Christo also indicated that he would want to retain  shareholding in the new entity.

 

The transaction was concluded in December 2015 and the new entity was named Izicash Cash Solutions (Pty) Ltd.

Services

Cash Supply

Payroll Managment

ATM Services

Insurance

Why Izicash Cash Solutions?

  • Latest armoured vehicles with Industry leading technology.
  • Handpicked officers – the best in Northwest and Gauteng!
  • Industry leading CIT robbery statistics and loss ratio in the Industry.
  • Robust cash centre processes, latest equipment and systems to ensure daily settlements and reconciliations.
  • Guaranteed Service delivery.
  • Reduction in your total risk; both on-site and in-transit.
  • Enhancement of your operating cash flow.
  • Immaculate references.

Our values:

  • Commitment
  • Consistent
  • Expertise
  • Honesty
  • Innovative
  • Passionate
  • Reliable
  • Respectful