Denel has resumed recruiting technical staff after losing engineers, scientists, technologists and technicians, but financial pressures continue to complicate efforts to rebuild capabilities that support South Africa’s defence…
by Staff WriterJOHANNESBURG - The ministers in the executive functions are now responsible as shareholders for certain state-owned enterprises (SOEs) that were previously under the Department of Public Enterprises (DPE).
by Staff WriterThe State Capture Commission has heard that Denel’s money was used to bail out one of its suppliers, LMT Holdings, despite warnings from auditors.
by Staff WriterJOHANNESBURG - South Africa’s embattled state arms manufacturer Denel has appointed Talib Sadik, who currently serves on its board of directors, as interim chief executive, the company said…
by Staff WriterJOHANNESBURG - South Africa’s struggling state-owned defence company, which had to be bailed out by the government last August, suffered an operating loss of 1.9 billion rand ($125…
by Staff WriterPRETORIA - South Africa’s state defence company has asked the government for a 2.8 billion rand ($200 million) cash injection to help it emerge from a financial crisis…
by Staff WriterJOHANNESBURG - South African state arms company Denel is in talks with Airbus about winding down production of parts for the European planemaker’s A400M military aircraft, Denel said…
by Reuters AfricaJOHANNESBURG - Public Enterprises Minister Pravin Gordhan says that Denel must get its house in order first before it can start doing business with India.
by Staff WriterFormer ANC MP Vytjie Mentor has began her testimony on Tuesday by telling the Commission of Inquiry into State Capture that she was shocked at how Ajay Gupta…
by Staff WriterFormer Denel board chairperson, Daniel Mantsha has been appointed former president Jacob Zuma’s new attorney.
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