Involvement of Foreign Companies
Several multinational corporations have invested in the South African security industry, and have come to dominate sections of it. These include Tyco International, United Technologies Corporation, and Top Holdings, who operate the companies ADT, Chubb South Africa and Top Security, respectively.
Other multinational corporations that operated in South Africa have sold their local subsidiaries to South African companies, sometimes as part of Black Economic Empowerment deals. These deals include the absorption of Khuselani Springbok by Fidelity.
The South African security companies Fidelity and Coin Security, amongst others, have themselves established large overseas operations.
Recently Coin and Protea has joined forces to from Protea Coin Security, which is actively involved together with Fidelity in Cash Transport Management Services, known in the Industry in the Republic of South Africa as Assets in Transit (AIT).
Read more about this topic: Private Security Industry In South Africa
Famous quotes containing the words involvement of, involvement, foreign and/or companies:
“In the planning and designing of new communities, housing projects, and urban renewal, the planners both public and private, need to give explicit consideration to the kind of world that is being created for the children who will be growing up in these settings. Particular attention should be given to the opportunities which the environment presents or precludes for involvement of children with persons both older and younger than themselves.”
—Urie Bronfenbrenner (b. 1917)
“It may be tempting to focus on the fact that, even among those who support equality, men’s involvement as fathers remains a far distance from what most women want and most children need. Yet it is also important to acknowledge how far and how fast many men have moved towards a pattern that not long ago virtually all men considered anathema.”
—Katherine Gerson (20th century)
“I have ever deemed it fundamental for the United States never to take active part in the quarrels of Europe. Their political interests are entirely distinct from ours. Their mutual jealousies, their balance of power, their complicated alliances, their forms and principles of government, are all foreign to us. They are nations of eternal war.”
—Thomas Jefferson (1743–1826)
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)