Within the Private Security subsector, the increase in the demand for private security services has resulted in large scale growth of the subsector over the past decade.
This growth has been characterised by an increasing number of companies operating in South Africa. From economic, investment and employment creation perspective, this is a positive stride.
The private segment of the Safety and Security sector comprises of companies and bodies who provide security and legal services to paying clients. This segment offers a wide range of services including; classical physical protection of private and public properties, close protection of VIPs and Cash-In-Transit services.
This sub-sector is regulated by PSIRA who enacts its mandate from the Private Security Industry Regulation Act 56 of 2001. The primary objective of this authority is to regulate the private security industry and to exercise effective control over the practice of the occupation of security service provider in the public and national interest and in the interest of the private security industry itself. PSIRA
Within the private security sector special skills will be driven by the environment where IT is playing an increasing central role in the provision of effective security services.
SIC codes
Sub-sector
Constituency
88920
Private Security and investigation Activities
Private Security, Investigation, and Polygraph Services