Search Results: Denel

Electrical fault caused the fire at Denel’s Macassar plant, internal investigation finds

The fire started when melted substance from a light fitting ignited stored manufacturing material.

Budget 2022: Godongwana sticks to tough love talk on SOEs, but dishes out funding to Denel

The finance minister made a smallish exception for Denel in terms of funding but warned that the government wants to push ahead with plans to consolidate SOEs that no longer served a function

Denel’s R1.2bn loss from R6bn profit highlights dire state of state-owned companies

The second state capture report shows how the arms company went from a R35-billion order book to begging the treasury for cash to stay afloat

Denel’s plant near Macassar stays put, despite residents’ concerns

Two investigations into separate explosions at the Rheinmetall Denel Munition depot near Macassar continue

‘It is no longer safe for Denel to be based in Macassar’

Calls to end production at Rheinmetall Denel Munition after yet another blast rocks the Somerset West area, the fifth since 2018

Denel aims to be sustainable within five years, but needs a bigger cash injection

The parastatal has struggled with financial constraints for some time, partly blamed on wasteful expenditure and the inability to create revenue

Denel money woes clip air force’s wings

A senior officer says the shortage of spares and and ability to service aircraft and vehicles has a negative effect on the SANDF’s operational ability

Denel vows still to pay employees ‘where possible’

The arms parastatal has, however, so far failed to comply with an August court order to pay its staff their salaries

Bank guarantees foil Denel’s R4.5-bn Egypt contract

Loss of work is the last thing the beleaguered state enterprise needs

Denel’s secret R6.3bn export deal

The state defence company is fired up about the large contract but is keeping mum on the details

Denel wants to sell arms to Egypt

Nearly 2 000 people were arrested in Egypt this week. Their crime? Daring to protest against the country’s military government. The act of protesting is...

Just in time: Denel will be able to pay June salaries

The SOE had announced on Tuesday that it was not going to be able to pay full salaries for the month but a lender has come to the rescue

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