Latest articles on Armscor

SAA bailout raises more questions

As the government continues to grapple with the troubles facing the airline, it would do well to keep on eye on the impending Denel implosion

EDITORIAL: Arms against democracy

Make no mistake: this is a deal with the devil, and the real cost will be recorded not on any balance sheet, but on the nation’s soul

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...

Cyril laughs at generals’ proposal

Their plan to redraft procurement law to put it in the defence force’s control has been scrapped

R4bn price tag for presidential jet ‘impractical’ – Armscor

The reported R4-billion price tag for a new presidential jet was impractical, the government defence and security acquisition agency, Armscor, said.

Arms deal critic: Armscor’s role was usurped by government

Arms deal critic Richard Young has questioned Cabinet's role in the arms deal, saying that final decisions were "strangely" being made by Cabinet.

Witnesses question arms commission’s opaqueness

Three high-profile witnesses have raised concerns about a lack of openness at the arms deal commission, which has resumed its inquiry.

Overberg Test Range could team with Nasa for big renewal

Government is looking into reviving the launch facilities at the Overberg Test Range for a possible collaboration with Nasa.

Armscor sackings don’t fly

Speculation is rife that Armscor board members were fired because they might have opposed President Jacob Zuma's new plane.

Mapisa-Nqakula sacks Armscor heads

Defence Minister Nosiviwe Mapisa-Nqakula has sacked arms procurement parastatal Armscor's board chair and deputy chair.

Arms dealer keeps military at bay amid ‘Boeremag’ claims

A weapons dealer has been granted an interim interdict against the military after it seized an arms stash it said could be used in a Boeremag coup.

Now it’s AdoAir vs air force

Company that loses contract takes defence department to court to explain its decision.

Axed Armscor CEO challenges his dismissal

Axed Armscor CEO Sipho Thomo is challenging his dismissal, the chairperson of Parliament's portfolio committee on defence said on Tuesday.

Axed Armscor boss accused over R95m loss

In a new twist to the axing of Armscor boss Sipho Thomo, it is alleged that he dropped a penalty due from a helicopter supplier.

Armscor CEO Thomo axed

Suspended Armscor CEO Sipho Thomo has been fired, chairperson Popo Molefe confirmed on Wednesday.

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Latest

Finance probe into the Ingonyama Trust Board goes ahead

The threat of legal action from ITB chairperson Jerome Ngwenya fails to halt forensic audit ordered by the land reform minister

Fake trafficking news targets migrants

Exaggerated reports on social media of human trafficking syndicates snatching people in broad daylight legitimate xenophobia while deflecting from the real problems in society

Female cops sent for rape counselling

Brigadier Sifiso Cele denies the rape allegations, saying that they are part of a smear campaign and that criminal charges should have been opened if the accusations were true

Press Releases

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In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

Secure your business from cyber threats

Many business-grade security systems now have built-in learning systems and AI to help businesses stay up to date with protection

Mental Health

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Expert financial advice still recommended – especially in uncertain times

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What is a virtual card, and how does it work?

A virtual card lets you pay online without ever having to take your card from your wallet or exposing your actual account information

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