Denel

 
Prescribed assets a ‘bad call’
Prescribed assets a ‘bad call’
As the country’s state-owned entities (SOEs) buckle under the weight of their debt — and reap the results of years of mismanagement and...
Just in time: Denel will be able to pay June salaries
Just in time: Denel will be able to pay June salaries
Public Enterprises Minister Pravin Gordhan announced on Tuesday that employees at embattled state-owned arms manufacturer Denel will receive their...
Embattled Denel can’t pay full salaries for June
Embattled Denel can’t pay full salaries for June
Employees at financially embattled state-owned arms manufacturer Denel will only receive 85% of their salaries for June.
PART I: A radical blueprint for Ramaphosa’s Cabinet
PART I: A radical blueprint for Ramaphosa’s Cabinet
The appointment of the Cabinet is often a president or prime minister’s most significant test of judgment. The one that will be announced by...
Inside the SANDF’s budget crisis
Inside the SANDF’s budget crisis
The SAS Amatola cost R2.4-billion. One of four frigates bought as part of the infamous arms deal, the state-of-the-art ship entered service in...
Amnesty report says SA arms diverted to Yemeni militia
Amnesty report says SA arms diverted to Yemeni militia
An investigation published by Amnesty International on Wednesday suggests South African arms sold to the United Arab Emirates (UAE) are being...
Embattled Denel gets new CEO
Embattled Denel gets new CEO
Cabinet has approved the appointment of Daniel du Toit as arms manufacturer Denel’s new...
Denel suffers over R1.7bn loss, expects more in future
Denel suffers over R1.7bn loss, expects more in future
Denel told Parliament’s portfolio committee on public enterprises on Wednesday morning that it had made a loss of R1.7-billion in 2018.
Denel confirms cancellation of Supra Jr's bursary
Denel confirms cancellation of Supra Jr's bursary
State-owned aerospace and military technology conglomerate Denel has confirmed the cancellation of a R1.1 million bursary agreement with Supra...
Pattern of wasteful expenditure as audit regression increases
Pattern of wasteful expenditure as audit regression increases
According to Auditor General Kimi Makwetu, audit results for national and provincial government departments and their entities have regressed...
Reluctance to follow due process in nuclear, PetroSA deals says Gordhan
Reluctance to follow due process in nuclear, PetroSA deals says Gordhan
A tax incentive alerted national treasury to the nuclear deal with Russia and a R6-billion difference in the PetroSA-Engen deal signalled possible...
Gordhan details attack on treasury
Gordhan details attack on treasury
Proposed banking legislation to allow more scrutiny of politically exposed people, including senior government officials, is one of the reasons the...

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