Denel
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South Africa News
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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South Africa News
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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South Africa News
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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Business and Technology
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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South Africa News
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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Business and Technology
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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South Africa News
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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South Africa News
#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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South Africa News
#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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Business and Technology
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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Business and Technology
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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Business and Technology
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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Business and Technology
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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Business and Technology
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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Business and Technology
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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Covid-19 Updates
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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Covid-19 Updates
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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Business and Technology
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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