Feeling the pinch

September 2017 News & Events

This year has been a tough one for the security industry. Actually, so was last year, but this year the political shenanigans have really hit home to many companies. Economic ups and downs are simply part of the way things are and there is nothing us peasants can do about that. However, it is possible for a government to make an effort to limit the fallout or at least try to speed the process of the recession. Not the looters in South Africa, there’s still something to fiddle so why worry, the people at the top are not struggling so there’s no real reason to get concerned.

At the other end of the scale, however, things are tougher than ever. As if all-time record unemployment isn’t enough to be proud of, we can expect to see a bunch of companies in multiple industries letting people go in the near future. They will try to keep it quiet, but people talk. And families suffer.

All is not lost however. At least we still have a good comedy on TV, for those that watch the parliament channel. At a time when politicians should be trying to do something (I know they are politicians, so a better way to phrase it would be to say, “at a time when politicians should be making the effort to pretend to be doing something”), we have a parliament full of 10-year-olds calling each other names. No wonder the big global investors are running like cats from a bath.

Of course, the situation is a goldmine if you happen to be running a crime syndicate, but how many of us have our own crime family?

The Residential Estate Security Conference Hi-Tech Security Solutions held in August with Rob Anderson showed us how security managers are struggling to deal with the never-ending criminal onslaught. It’s a no-win situation for them. Opportunistic crime is increasing, but so is syndicate crime, which is well planned and funded. Sadly, apart from a few lucky ones, estate security is not generally well funded. I heard a few horror stories at the conference, of estates that opted to buy security on price, or who relied on a trustee who ‘had a contact’ and could get it done ‘real cheap’. They got what they paid for.

The Residential Estate Security Handbook is also out this month and in it we cover a host of security solutions for estates. One of the topics is TCO (total cost of ownership), which was also one of the presentations at the conference, and it was a revelation. If you are making decisions on the purchase price you’d better make sure you have another job lined up before the maintenance ‘doo’ hits the fan.

On a more positive note, there are some, far too few unfortunately, who say the economic tide is turning and business should start picking up in the new year. I generally take economic predictions with a pinch of salt, but let’s hope that in this instance they are correct.

Andrew Seldon

Editor



Credit(s)




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

The line between locking residents out and restricting their access
News & Events Security Services & Risk Management Residential Estate (Industry)
A June 2026 High Court judgment has clarified one of the most contested issues in modern estate governance: when an HOA's digital access restrictions amount to unlawful self-help or spoliation, and when they do not.

Read more...
Compressing cyberattack timelines and targeting ungoverned AI identities
Information Security News & Events
Sophos AI Security 2026 report finds attackers are moving beyond experimentation and operationalising AI for attacks using identity as the primary initial access vector, rather than inventing new attack types.

Read more...
SAFPS urges taxpayers to remain alert to fraud
Security Services & Risk Management News & Events
The SAFPS warns taxpayers about evolving SARS scams this tax season, highlighting common fraud tactics, practical prevention tips, and trusted reporting channels to stay protected.

Read more...
Dallmeier extends software maintenance up to 10 years
Dallmeier Electronic Southern Africa Surveillance News & Events
Dallmeier is expanding its software maintenance offering and now provides an additional maintenance package for cameras and recorders, enabling customers to keep their video security systems up to date for up to 10 years.

Read more...
Fire safety in South Africa
Technoswitch Fire Detection & Suppression Technews Publishing SMART Security Solutions Fire & Safety Security Services & Risk Management Editor's Choice
Fire safety is sometimes ignored, sometimes relegated to whatever is cheapest, and sometimes treated with the seriousness it deserves, given that it focuses on protecting life and assets. SMART Security Solutions asked Brett Birch, MD of Technoswitch, for some insights into the realities of fire safety in South Africa.

Read more...
Sophos launches AI-native cybersecurity defence system
News & Events Information Security Security Services & Risk Management
Built for a threat landscape reshaped by AI, Sophos Fusion unites security operations, endpoint, network security, identity, email, and cloud into one defence system that prevents, detects, investigates, and responds at AI speed.

Read more...
ONVIF releases Profile V draft for cloud video without vendor lock-in
News & Events Surveillance
The cloud profile will give system integrators, consultants and end users a standards-based way to build and maintain cloud video systems using ONVIF-conformant products from different manufacturers.

Read more...
Video surveillance market faces faster growth, and 2026 price shock
Surveillance News & Events
Novaira Insights has released its 2026 edition of The World Market for Video Surveillance Hardware and Software, highlighting a stronger global growth profile in 2025, tentative improvements in China’s market outlook, and unprecedented price increases in 2026.

Read more...
Stop supplier fraud at the moment of payment
News & Events Security Services & Risk Management
Cape Town-built platform bridges the gap between onboarding and transaction by securing identity inside the live channels where companies exchange invoices and banking details.

Read more...
Alarms are smarter than ever
Spectrum Security Products Technews Publishing SMART Security Solutions Arxtech Perimeter Security, Alarms & Intruder Detection
Modern smart alarms are evolving beyond simple sirens and basic alerts. They now include features such as system health checks, remote management, real-time notifications, mobile apps, and multiple communication options.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.