Trade and industry director general tells Swedish broadcaster that projects were not sustainable
Up to five companies are keen to buy Saab, one of the bankrupt Swedish carmaker’s three administrators said on Sunday.
Saab Automobile has filed for bankruptcy, bringing to an end two years of efforts to rescue the iconic brand that manufactured cars for six decades.
<b>Paul Holden</b> and <b>Hennie van Vuuren</b> highlight puzzling aspects of the decision to buy Hawk and Gripen aircraft.
Documents reveal the cunning origin of the British arms company’s system used to channel alleged kickbacks to South African arms deal ‘advisers’.
Opposition parties have urged the Hawks to re-open the probe into the multibillion-rand arms deal after new bribery claims emerged.
Swedish defence group Saab says R24m was paid to clinch a South African contract for fighter jets — but said its UK partner BAE paid the bribe.
China posted a sharp fall in 2008 car sales growth on Monday as makers worldwide grapple with slowing demand.
The Scorpions unit launched massive raids on Wednesday in what appears to be a final bid to lance the festering sore of the arms deal.
Russian President Dmitry Medvedev is hoping to make inroads into Brazil’s emerging oil and defence industries during a visit there this week.
Some South African officials indeed appear to be pursuing a ”no transparency” approach.
