Richemont, which owns the Cartier and Van Cleef & Arpels brands, was  hit on Friday by a warehouse robbery in which jewellery and watches with a reported retail value of R300m were stolen.

Men armed with pistols overpowered guards at the Rivonia, Johannesburg, warehouse, the Sunday Time reported. According to the newspaper’s sources, private investigators are trying  to establish how security cameras were disabled during the incident...

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