Denel has denied in a statement the bursary was awarded improperly saying the allegations are false
Gordhan announced the appointment of a new interim board for Denel on Monday after meeting with the state-owned defence company
The rotation of Denel’s board was not unexpected
The budget outlines the risks they pose but there are plans to mitigate against them
Sub-committee chairperson David Mahlobo said, in particular, the ANC would look at creating industrialisation opportunities.
The party will have to tackle polarising policies when its new leadership takes the helm
Several events could derail the budget but it’s the failure of parastatals that could blow the ship totally out of the water
With no access to banking, the family is heading into a financial storm. But it has a few lifeboats yet
The judge was scathing when he rejected the family’s bid to force the Bank of Baroda’s arm
The former finance minister wants the state arms manufacturer to prove it is not acting in the interests of the controversial Gupta family.
Despite denials, a paper trail leads to a dormant firm aimed at tapping into the Asian arms market
ANC secretary general Gwede Mantashe says lifestyle audits might also be on the cards for government officials and public servants.
The arms company is certain it can refinance its debt but investors are wary after Futuregrowth’s decision to end lending to state-owned enterprises.
As a 51% Denel-owned company it receives this support in the same way as all other Denel-owned businesses.
A company being probed over a government tender has agreed to buy 49% of Denel’s armoured car unit, LMT Holdings.
VR Laser Asia will sell Denel technology so that it can be manufactured in India.
By seizing control of parastatals, the president is on a collision course with his finance minister.
A boardroom coup executed by Public Enterprises Minister Lynne Brown orchestrated the capturing of Denel, followed by the axing of its top executives.
Finance Minister Pravin Gordhan has described the company as “arrogant and belligerent” regarding its joint venture with VR Laser Asia.
Readers write in about defence systems, nuclear power, and Julius Malema.
Over the past months, Denel has been “under tremendous media attack and scrutiny”, the board said in a statement released on Saturday.
Denel’s focus on Southeast Asia is misguided and its joint venture with Gupta-linked VR Laser suspect, say analysts.
As controversy rages about “state capture” by the president’s friends, they team up with Denel to profit from the sale of its products in the East.
As controversy rages about “state capture” by the president’s friends, they team up with Denel to profit from the sale of its products in the East.
Government is looking into reviving the launch facilities at the Overberg Test Range for a possible collaboration with Nasa.
Annual results show state arms company Denel continues to eke out profits, but it hopes exports of weapons to the rest of Africa will change that.
Denel Dynamics is due to absorb micro-satellite manufacturer Sunspace – a deal that will cost the science and technology department R55-million.
Even though Denel is going through challenging times, the private defence manufacturing sector seems to be thriving.
Denel has released the names and images of the South African employees who have been killed after an attack on a United Nations facility in Somalia.
Two South Africans have died in an al-Shabab attack on a United Nations compound in Somalia on Tuesday.
Beleaguered micro-satellite manufacturer SunSpace may be absorbed into Denel Dynamics, part of defence and arms manufacturer Denel.
South Africa’s arms manufacturer Denel appears intent on selling missile-carrying drone aircraft to Saudi Arabia.