Shaun Liebenberg
latest news & developmentsDenel needs another R1,7bn for turnaround strategy
Arms manufacturer Denel still needs R1,7-billion promised by the government to complete its turnaround, outgoing CEO Shaun Liebenberg said on Wednesday. ”When Denel reached…
Denel chief executive bows out
Denel group chief executive Shaun Liebenberg will not renew his contract when it expires on May 31 next year, the company said on Monday. Liebenberg was appointed in 2005 to…
Denel sells land to Acsa in R600m deal
Denel has sold 237ha of land adjacent to OR Tambo International Airport for R606-million to Airports Company South Africa (Acsa), the arms manufacturer said on Thursday. The sale…
Minister defends Denel boss’s R3,25m bonus
Alec Erwin, the Minister of Public Enterprises, on Wednesday defended the performance bonus of the chief executive of the state-owned arms manufacturer Denel. Manie van Dyk of…