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The primary concern of this work is to examine whether adequate legal frameworks for private security industries and adequacy of law that set wage and minimum wage for private employment sector particularly private security industries in Ethiopia. And what are the effects of these laws on labour rights of private security guards. At international level there is a legal gap to establish the legal status of private security service providers. The absence of binding international law for private security industries at international level has its own impact on effective control of potential private security service providers at national level. ICOC is the only self regulation law that aimed to set minimum international standards for the private security industries and to provide the legal framework at national level. However, some states like South Africa and India have laws effectively regulate domestic private security service providers operating within their territory. In Ethiopia, there is no legislation that is comprehensively and separately enacted to regulate private security service providers.