Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

UK PRESS: G4S Loses South African Prison Contract - Guardian

10th Oct 2013 10:13

LONDON (Alliance News) - South African authorities have taken over the management of a maximum security prison run by G4S after the private security contractor "lost effective control of the facility," The Guardian reports quoting the country's prison service.

The South African department of correctional services said on Wednesday that it was taking over Mangaung correctional centre outside Bloemfontein because of a "worrying deterioration of safety and security at the centre", the paper said.

http://www.theguardian.com/world/2013/oct/09/g4s-sacked-south-africa-prison-mangaung

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


Related Shares:

GFS.L
FTSE 100 Latest
Value8,758.04
Change-16.61