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/ 16 October 2003
The trade union Solidarity is going to take arms manufacturer Denel to the Arbitration Court in terms of an amendment to the Labour Relations Act to enforce a 9,5% wage increase agreement. Earlier on Wednesday, Denel workers took part in a protest march for the first time in 36 years at three of its divisions.
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/ 15 October 2003
The National Union of Metal Workers of South Africa (Numsa) on Wednesday said about 8 000 workers at arms manufacturer Denel remain "highly mobilised" for industrial action. Numsa said about 1 000 workers at the Vektor division in Centurion near Pretoria would stage a picket protest action on Wednesday at 12h00.
The government announced on Thursday that it had terminated discussions with Britain’s BAE Systems to sell it a 30% stake in state-owned arms and technology group Denel.
South African telecommunications parastatal Telkom (TKG) CEO Sizwe Nxasana has announced the resignation of Victor Moche as Telkom group executive for regulatory and public policy, effective at the end of April, in order to take up the position of CEO of government-owned defence group Denel.
State arms manufacturer Denel faces losing a multi-million rand contract to clear mines in northern Iraq, should the United States take over functions currently under the auspices of the United Nations.
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/ 15 January 2002
Pretoria | Friday AN agreement under which South Africa’s arms manufacturer Denel will get about R300-million per year for producing helicopter parts for AgustaWestland, an Italian company, was signed in Pretoria on Monday. The licence production agreement provides for a phased multi-year programme for the manufacturing of 30 complete airframes, onboard systems, rotor blades and […]
Denel on Tuesday unequivocally rejected claims by the South African branch of Economists Allied for Arms Reduction that South Africa manufactures and exports anti-personnel mines.
Paul Kirk Joe Modise, the former minister of defence and one of the figures central to the multi-agency probe into corruption in South Africa’s R50-billion arms deal, had a six-bedroom mansion constructed partly at the expense of state-owned armaments company Denel which operates with taxpayers’ money. This week the National Directorate of Public Prosecutions confirmed […]
Johannesburg | Monday SOUTH African state-owned defence group Denel reported its first profit since 1997 on Monday, thanks to internal restructuring and an improved order book. Denel posted an attributable profit of R24,1-million for the year to end-March 2001, compared to a loss of R206-million in the 2000 financial year. Sales in the 2001 year […]
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/ 4 December 2000
SAAB and BAE Systems, the Swedish and UK aerospace companies, have placed a US$14,7m skills and technology transfer contract with South Africa’s state-owned Denel Aviation, the two foreign companies said. The contract forms part of the defence industrial participation programme linked to South Africa’s order for 28 Gripen fighter aircraft produced jointly by Saab and […]