Eskom says it spent R250 million on three-month security contract, not R500 million
Eskom says it spent R250 million of a budgeted R500 million on a private security contract last year and that the procurement was above-board.
This follows a City Press report about the contract last month.
Private Security Firm Plans South Africa’s First IPO Since 2018
Fidelity Services Group, the largest private security firm in South Africa, is considering an initial public offering, according to people familiar with the matter, which would be the country’s first in four years.
The...
Security drones are fighting crime in South African neighbourhoods
South African security company Fidelity recently started using drones to deter and track criminals who attempt to rob homes and property in residential estates.
The drones, which come in both fixed-wing and multi-rotor...
Ready for action — Against the plot to bring South Africa to its knees on 23 August
Private security firms like Fidelity are ready to support the South African Police Service (SAPS) if there is another outbreak of public violence.
Wahl Bartmann, CEO of Fidelity Services Group, said his...