Wed, 25-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Private Security Regulator to Enforce KSh 30,000 Minimum Wage

    Brian
    By Brian Nzomo
    - June 12, 2024
    - June 12, 2024
    Kenya Business news
    Private Security Regulator to Enforce KSh 30,000 Minimum Wage

    The Private Security Regulatory Authority has ordered security firms to comply with the set minimum wage and pay its guards not less than KSh 30,000.

    • •In a statement issued by the Authority, failure to take heed of the orders by 17th June will lead to the deregistering of disobedient firms.
    • •The Authority is also conducting an operation to flush out unregistered security companies and unqualified security guards across the country.
    • •According to the Authority’s CEO, Fazul Mahamed, individuals or entities that employ unregistered guards will be penalized by fines amounting to KSh 500,000 or get convicted.

    “In furtherance of its mandate to ensure compliance with minimum wage regulations, the Authority shall proceed without further reference or reminder to exercise its power under Section 32 of the Private Security Regulations Act of 2016,” the statement mentioned. 

    In February this year, the Private Security Regulatory Authority revoked licenses of nine security firms who had not adhered to prior directives. However, the decision was reversed by Interior Affairs Cabinet Secretary Kithure Kindiki amidst bitter protestations from officials of the Protective Security Industry Association (PSIA). 

    Why it Matters

    A compelling argument against the minimum wage has been that it’ll drastically increase the cost of private security, which currently employs tens of thousands of people. The result would be loss of business, as many current customers would have to make do without private security, which would have the net effect of causing job and economic losses.

    See Also:

    Unease among Civil Servants as Kenya Moves to Contain Wage Bill

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa