Denel
- South Africa News
Denel Seeks Young Engineers to Revive Legacy and Drive Innovation
State-owned arms manufacturer Denel is calling for a new generation of engineers to help restore its legacy and lead the…
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Former Denel executives appear in court over corruption charges
Two former senior executives of Denel, South Africa’s state-owned arms manufacturer, appeared before the Pretoria Specialised Commercial Crime Court on…
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Tsepo Monaheng appointed new Denel GCEO
Public Enterprises Minister Pravin Gordhan has announced the appointment of Denel’s new Group Chief Executive Officer Tsepo Monaheng. Monaheng brings…
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Eskom & SAA miss deadline to submit financial statements in Parliament
Public Enterprises Minister Pravin Gordhan has asked the Speaker to grant an extension to Eskom, Denel, and SAA to submit…
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SIU: Officials involved in state capture resigning before probes a problem
The Special Investigating Unit (SIU) said that holding those complicit in state capture accountable had been hampered by officials resigning…
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Scopa wants Denel board to foot bill for no-show at meeting
The Standing Committee on Public Accounts (Scopa), Parliament’s finance watchdog wants, the Denel board to foot the bill personally for…
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SIU warns Denel against Pravin Gordhan’s preferred man
The Special Investigating Unit (SIU) has raised a red flag over the appointment of crime-accused Riaz Saloojee to head the…
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Law enforcement agencies collaborating to probe SOE fraud bearing fruit, says Shamila Batohi
Law enforcement agencies say their collaboration in investigating grand corruption at state-owned companies is bearing fruit. They told Parliament that…
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Minister Pravin Gordhan’s master plan to sell SOEs
Public Enterprises Minister Pravin Gordhan allegedly has a well-orchestrated plan to frustrate and elbow out top government executives and officials…
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#NationalShutdown: Saftu calls for R1500 basic income grant
Saftu’s national shutdown took to the streets on Wednesday and its long list of demands includes a minimum living wage…
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Denel employees to get full salaries after 2 years
All outstanding salaries have been fully paid to Denel employees who have not received a full salary in two years.…
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Denel workers take salary woes to Department of Public Enterprises
Workers at cash-strapped Denel are taking their fight for their salaries to the Public Enterprises Department. Workers say they haven’t…
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SONA 2022: No mention of SOE bailouts in Cyril Ramaphosa’s address
President Cyril Ramaphosa on Thursday night made no mention of any bailouts of struggling state-owned entities. Unlike in previous addresses,…
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City of Tshwane disconnects businesses & residents who owe it money
Many businesses and residents who owe money to the City of Tshwane have spent Wednesday trying to have their power…
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Cosatu: Denel in desperate need of a turnaround plan
It’s another bleak Christmas for Denel employees who will now enter a second year without being fully paid. Trade union…
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Horror Christmas for Denel workers who haven’t been fully paid – Cosatu
Trade union federation Cosatu has warned of a “horror” Christmas for employees of state arms manufacturer Denel who haven’t been…
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Auditor-General says irregular expenditure rises to over R166bn
Irregular expenditure has risen to over R166-billion. That’s an increase of R57-billion since last year. Auditor-General Tsakani Maluleke says this…
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EFF calls on President Ramaphosa to fire Pravin Gordhan & Eskom’s top management
The Economic Freedom Fighters (EFF) have added their voice to the growing calls for Eskom chief executive officer (CEO) André…
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State-owned enterprises a concern for Scopa
The state of our state-owned enterprises still remains a concern. However, the Portfolio Committee chair on Public Enterprises says Treasury…
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#FreeJacobZuma campaign gives Ramaphosa 14 days to release him from prison
The Free Jacob Zuma Campaign said that it was giving President Cyril Ramaphosa 14 days to release the former president.…
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Denel owes workers R500 million
It’s unclear where Denel will get the R500-million to pay workers their outstanding salaries. National Union of Mineworkers coordinator, Mawonga…
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Former Denel board chair Dan Mantsha admits Guptas flew him around the world
Former Denel chairperson Dan Mantsha admitted to being flown around the world in chartered jets by the Gupta family. Mantsha…
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Special Investigation Unit looking to recover more than R1m in Denel bursary saga
The Special Investigation Unit (SIU) is poised to strike at Denel officials implicated in the unlawful awarding of bursaries to…
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Denel appoints William Hlakoane as acting CEO
Struggling state-owned entity Denel has confirmed the appointment of William Hlakoane as acting Group Chief Executive effective immediately. He takes…
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Numsa to picket outside Denel over pay
Numsa members will picket at the Centurion head office of cash-strapped Denel on Friday. The union is not happy with…
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Dirty money deals exposed in South Africa
The Zondo commission has heard how Denel declined to share information on its technical requirements for combat vehicles so other…
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Former Denel boss distances himself from state capture project
FORMER Denel Land Systems (DLS) chief executive Stephan Burger on Thursday defended his role in awarding lucrative contracts to Gupta-owned…
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#StateCaptureInquiry continues with Denel-related testimony
The Commission will continue to hear Denel related testimony on Tuesday. The Zondo Commission will hear the testimony of former…
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#StateCaptureInquiry hears Denel testimony
The State Capture Commission of Inquiry continues hearing testimony from Denel. Former Denel Land Systems, Former Chief Operations Officer, and…
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#Statecaptureinquiry to hear more Denel-related testimony
The state capture inquiry will continue to hear Denel related testimony on Tuesday. Former supply chain management executive-executive at Denel…
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#StateCaptureinquiry to hear corruption allegations against Denel
The commission of Inquiry into State Capture will resume on Monday, looking at allegations of corruption related to Denel. The…
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Denel needs a bailout to survive: Defence Minister Nosiviwe Mapisa-Nqakula
Unless struggling state-owned arms manufacturer Denel gets a bailout from National Treasury, it will no longer be able to carry…
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Talib Sadik appointed as Denel interim CEO
Denel has appointed board director, Talib Sadik as interim CEO. His appointment follows the resignation of Danie du Toit, after…
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Denel ordered to pay workers their outstanding salaries
Denel has been ordered to pay workers their outstanding salaries. Two trade unions, Solidarity and UASA, went to court after…
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Denel CEO Danie du Toit resigns
The chief executive of South Africa’s beleaguered state-owned defence firm Denel will step down on 15 August the company said…
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Denel seeks to revise bailout conditions to survive
Denel may not survive the next few months unless the government lets it use some promised bailout funds to generate…
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Denel employees won’t be getting their salaries for May
Denel employees won’t be getting their salaries for May. A statement from the state-owned enterprise says the COVID-19 pandemic has…
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Denel employees return home after being stranded in Spain
Four Denel employees who were stranded in Spain due to travel restrictions imposed because of the coronavirus pandemic have returned…
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Denel to produce ventilators in coronavirus fight
Denel will design and develop medical ventilators in partnership with other state-owned entities, research bodies and medical technology companies to…
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Denel gets R1.8bn government bailout
Arms firm Denel said on Friday it had received a R1.8-billion cash injection from government after a liquidity crunch left…
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Denel goes after former staff
State-owned arms manufacturer Denel is targeting former employees and senior officials who may have benefited from the company’s demise. Board…
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Denel expects state aid in third quarter
Denel expects to receive government support in the third quarter as ministers are satisfied with progress in its turnaround plan,…
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Denel to pay workers their full salaries
Minister of Public Enterprises Pravin Gordhan has confirmed in Parliament that workers at state arms manufacturer Denel will be paid…
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Denel suspends CFO Odwa Mhlwana
State-owned weapons manufacturer Denel, which has been struggling to pay salaries, has suspended its chief financial officer Odwa Mhlwana while it…
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