Report Coverage
The detailed report on investigation and security activities describes current conditions, recent developments and factors influencing the success of the industry. Profiles for 37 companies are provided. Included is new company Fidelity ADT, the result of a merger valued at R2bn between Fidelity Security Group (Pty) Ltd and US-based Tyco International in March 2017. The new entity, which includes the ADT Kusela guarding business, will be 100% South African owned and a 54.62% black-owned company. Also profiled are smaller local companies such as Transcash (Pty) Ltd active in the cash-in-transit sub-sector, and iFacts (Pty) Ltd, a provider of verification services.
Introduction
Demand for private security services in South Africa is driven by the high level of crime, the inability of the South African Police Service (SAPS) to hold back the criminal onslaught and the public’s increasing lack of faith in the police’s ability to solve crimes. South Africans are now spending an estimated R50bn annually to pay approximately 500,000 registered security officers employed by almost 9,000 compliant service providers, to safeguard their lives, homes, businesses and assets. However, the industry itself is also under pressure, confronted by problems arising from the controversial Private Security Industry Amendment Bill restricting foreign ownership, the trend of insourcing security services, and potential job losses from the move to hybrid man-machine guarding systems.
Strengths
• Availability of a wide range of new developments in security technologies.
• Compliant security services and highly visible security officers provide a valuable resource in crime prevention.
• Compliant service providers offer a high quality security service enabling business customers to focus on their core business operations.
• Provides a service not readily available from a police force restricted by financial constraints and limited resources.
• Provides employment for entry level workers.
• Services are available on a stand-alone or integrated basis relevant to the level of security required.
Weaknesses
• Failure by PSiRA to pursue criminal or disciplinary action against security personnel who break the law.
• Flooding of the market with cheap imported equipment and technology provides unfair competition and increased risk of inferior services.
• Negative perception of the industry in the eyes of the public and government.
• Non-compliance by some operators with PSiRA registration requirements, Firearms Control Act and the Department of Labour’s Sectoral Determination 6: Private Security Sector.
Opportunities
• Although delayed, the implementation of the government’s infrastructure programme will increase demand for security services at construction sites as well for the new facilities requiring security on completion.
• High levels of crime and violence, although not good for the country, provide opportunities for growth.
• The creation of a more professional industry as a result of increased regulation through the proposed Private Security Industry Regulations Amendment Bill.
• The promotion of crime prevention policing partnerships with SAPS.
Threats
• Foreign ownership restrictions of the proposed Private Security Industry Regulations Amendment Bill.
• Negative effect of the volatile rand on the price of imported vehicles and security technologies.
• Poor economic growth as well as high unemployment and increasing expenses which reduce the amount of disposable income available to businesses and households.
• Reduced demand resulting from the #OutsourcingMustFall campaigns at tertiary institutions being extended to other government entities.
• Unfair advantage of non-compliant service providers who undercut honest companies when bidding for contracts.
Outlook
In the short-term stakeholders expect that the South African private security industry will still be negatively affected by slow economic growth. Non-compliance, the high staff turnover, poor working conditions, the move towards man-machine hybrid systems and the insourcing of security services are trends that are likely to continue. Roy Alves, country manager at Axis Communications South Africa, forecasts a move away from specific products towards integrated solutions. “As with all industries in South Africa, 2018 will be tough but not impossible. Security spending every year is increasing and the need for security seems to be growing on a global scale. We also see a shift to using security devices to complement physical manpower, not to replace, but to reduce the manpower component.”
Investigating and Security Activities Including Vehicle Tracking in South Africa
2018
Full Report
R 1 900.00(ZAR) estimated $106.86 (USD)*
Industry Landscape
R 1 330.00(ZAR) estimated $ 74.80 (USD)*
Table of Contents
[ Close ]| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 4 |
| 2.2. | Geographic Position | 4 |
| 3. | SIZE OF THE INDUSTRY | 5 |
| 4. | STATE OF THE INDUSTRY | 17 |
| 4.1. | Local | 17 |
| 4.1.1. | Corporate Actions | 24 |
| 4.1.2. | Regulations | 25 |
| 4.1.3. | Enterprise Development and Social Economic Development | 28 |
| 4.2. | Continental | 30 |
| 4.3. | International | 32 |
| 5. | INFLUENCING FACTORS | 34 |
| 5.1. | Private Security Industry Regulation Amendment Bill 2012 | 34 |
| 5.2. | Non-Compliance | 35 |
| 5.3. | Crime Rate | 36 |
| 5.4. | Economic Environment | 36 |
| 5.5. | Special Events | 38 |
| 5.6. | Labour | 38 |
| 5.7. | Technology, Research and Development (R&D) and Innovation | 42 |
| 5.8. | Collaboration with Stakeholders | 44 |
| 5.9. | Cyclicality | 45 |
| 5.10. | Environmental Issues | 46 |
| 6. | COMPETITION | 46 |
| 6.1. | Barriers to Entry | 48 |
| 7. | SWOT ANALYSIS | 48 |
| 8. | OUTLOOK | 49 |
| 9. | INDUSTRY ASSOCIATIONS | 50 |
| 10. | REFERENCES | 51 |
| 10.1. | Publications | 51 |
| 10.2. | Websites | 52 |
| COMPANY PROFILES | 54 | |
| A M G SECURITY MANAGEMENT (PTY) LTD | 54 | |
| AFRI GUARD (PTY) LTD | 56 | |
| ALTECH NETSTAR (PTY) LTD | 58 | |
| ARCFYRE INTERNATIONAL (PTY) LTD | 61 | |
| BIDVEST PROTEA COIN (PTY) LTD | 63 | |
| BLUE LIGHT MONITORING AND ARMED RESPONSE (PTY) LTD | 67 | |
| BRINKS ARMOURED SECURITY SERVICES (PTY) LTD | 70 | |
| C-TRACK (SA) (PTY) LTD | 72 | |
| CARTRACK HOLDINGS LTD | 74 | |
| COMPUTER SECURITY AND FORENSIC SOLUTIONS (PTY) LTD | 77 | |
| CSG HOLDINGS LTD | 79 | |
| EXCELLERATE SERVICES (PTY) LTD | 83 | |
| FIDELITY ADT (PTY) LTD | 86 | |
| FIDELITY SECURITY GROUP (PTY) LTD | 90 | |
| G4S CASH SOLUTIONS (SA) (PTY) LTD | 96 | |
| G4S SECURE SOLUTIONS (SA) (PTY) LTD | 99 | |
| GPS TRACKING SOLUTIONS (PTY) LTD | 101 | |
| GUARDIAN FORENSIC SERVICES CC | 103 | |
| IFACTS (PTY) LTD | 105 | |
| IMVULA QUALITY PROTECTION (AFRICA) (PTY) LTD | 107 | |
| IZIKATHI SECURITY (PTY) LTD | 110 | |
| MANAGED INTEGRITY EVALUATION (PTY) LTD | 112 | |
| MIX TELEMATICS AFRICA (PTY) LTD | 115 | |
| MUVONI TECHNOLOGY GROUP LTD | 117 | |
| NATIONAL SECURITY AND FIRE (PTY) LTD | 119 | |
| PERFORMANTA TECHNOLOGIES (PTY) LTD | 122 | |
| S B V SERVICES (PTY) LTD | 124 | |
| SECURITAS SA HOLDINGS (PTY) LTD | 127 | |
| SERVEST (PTY) LTD | 129 | |
| STALLION SECURITY (PTY) LTD | 134 | |
| THE POLYGRAPH GUYS (PTY) LTD | 136 | |
| THORBURN SECURITY SOLUTIONS (PTY) LTD | 137 | |
| TOP SECURITY (PTY) LTD | 140 | |
| TRACKER CONNECT (PTY) LTD | 142 | |
| TRANSCASH (PTY) LTD | 145 | |
| TSHEDZA PROTECTIVE SERVICES CC | 147 | |
| TSU PROTECTION SERVICES (PTY) LTD | 149 |
