'Foreign-owned security firms not a real risk to national security'

The African National Congress (ANC) is intent on pressurising President Jacob Zuma into enforcing legislation on foreign-controlled security firms.

The ruling party called on government to immediately remove all private security companies it has contracted to guard national keypoints, for the fear that national security is being compromised.

This comes after the party’s national executive committee lekgotla in Pretoria recently.

The Private Security Industry Regulation Amendment Bill awaits President Zuma’s signature and would prevent foreigners from having a controlling stake in local private security firms.

The draft law also calls for such companies to be 51% South African-owned.

But according to CEO of the Security Industry Alliance Steve Conradie, foreign-owned security firms pose no material threat to national security because they only employ South African personnel.

Instead, Director of Tutwa Consulting Peter Draper says that the implications of this bill will seriously affect the country's position as an investment destination.

Listen to the full conversation from CapeTalk's Breakfast with Kieno Kammies:

Read More
City responds to 'selective' beach clean-up claims

City responds to 'selective' beach clean-up claims

CapeTalk listeners ask why officials only clean up certain beaches and leave out others?

As recession bites, residents ask MyCiti for student discounts

As recession bites, residents ask MyCiti for student discounts

Mayco member for Transport Brett Herron responds to pleas for the city to consider giving student discounts.

Cape Town gets R20.8million for drought relief

Cape Town gets R20.8million for drought relief

Executive Mayor Patricia de Lille says the money will be used for drilling boreholes and installing pumps.

BLSA pledges to invest in communities, root out corruption

BLSA pledges to invest in communities, root out corruption

Business Leadership South Africa's CEO says it is concerning that the economy of SA is benefiting the Zuma and Gupta families.

Old Mutual explains why it declined pay out on murder victim's policy

Old Mutual explains why it declined pay out on murder victim's policy

Widow Renee Kruger, says the insurance company is stating matters unrelated to cause of death as its reasons for refusing payout

SA's National Key Points: what's with the secrecy?

SA's National Key Points: what's with the secrecy?

Where you won't miss a thing.

Popular articles
NSRI has freed False Bay whale entangled in ropes

NSRI has freed False Bay whale entangled in ropes

NSRI has manged to free a southern right whale entangled in ropes in Fish Hoek, False Bay.

Local desalination company says no to small-scale tender

Local desalination company says no to small-scale tender

Tom Callaghan at Grahamtek says desalination tender is not viable for business but will bid for the large-scale land based plant.

Snakes on a plein: Drought to push snakes closer to properties

Snakes on a plein: Drought to push snakes closer to properties

Snake catcher Shaun McCleod says about 99% of snakes in the WC are just looking for food.

Vodacom to reimburse customers by end of the morning

Vodacom to reimburse customers by end of the morning

Spokesperson Byron Kennedy says the problem was a configuration change on their billing system.

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

 Simon Allison, Africa Editor at the Mail & Guardian explains the political considerations behind Mugabe's diplomatic immunity.

"ANN7 and  New Age sale is effectively a transaction between  Manyi and Guptas"

"ANN7 and New Age sale is effectively a transaction between Manyi and Guptas"

Phillip de Wet, Associate Editor at Mail & Guardian breaks down the sale of Gupta owned ANN7 TV Station and The New Age paper.

This is incredibly embarrassing for both countries - SAIIA Head of Governance

This is incredibly embarrassing for both countries - SAIIA Head of Governance

On Saturday international relations minister Maite Nkoane-Mashabane granted diplomatic immunity to Grace Mugabe.

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

The Money Show’s Bruce Whitfield interviews Business Leadership South Africa’s Mohale for his weekly “ShapeShifter” feature.