The arms parastatal has, however, so far failed to comply with an August court order to pay its staff their salaries
Loss of work is the last thing the beleaguered state enterprise needs
The state defence company is fired up about the large contract but is keeping mum on the details
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 outlawed, so many of those arrested had already weighed up the risk of arrest before taking to the streets.Most of those arrested are said to be teenagers and, as rights groups […]
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
The embattled arms manufacturer says it has alternative but to cut back on salaries
Daniel Du Toit is expected to build on the turnaround strategy that was introduced at Denel earlier this year
The state-owned arms company has yet to submit an annual report for the 2017/18 financial year
Supra Mahumapelo’s son allegedly received a bursary to go to an aviation school from Denel CEO Zwelakhe Ntshepe, flouting the company’s bursary policy
Saudi Arabian Military Industries was reported to be seeking to acquire a stake in the state-owned entity, which is on the brink of financial collapse