Eskom will not finalise its annual financial statements by the statutory deadline of 30 September due to "significant key matters" that will take some time to close out with auditors, Public... 

Integrated technology company Rheinmetall launched its newly designed and pilot-phase mobile green hydrogen production and storage platform at the Africa Aerospace and Defence Expo on September... 

cash-strapped state defence firm Denel will need around R3-billion to cover a funding gap for a restructuring plan it is aiming to execute over the next 12 to 18 months, company executives told... 

South African State-owned defence industrial group Denel would use the Africa Aerospace and Defence (AAD) Exhibition 2022 to, in effect, relaunch itself, the company indicated in a statement on... 

A Proudly South African green hydrogen mobile solution, which is scheduled to be launched at the African Aerospace and Defence Exhibition (AAD) next month, ticks all the local boxes by making use... 

Two non-operational aircraft were affected by the veld fire at Bonaero Park near OR Tambo International Airport on Monday afternoon. According to spokesperson Samukelo Khambule, the planes were... 

State-owned defence group Denel has appointed Michael Kgobe, current divisional CE of Denel Aeronautics, as interim group CEO, effective September 1. This is subsequent to William Hlakoane’s... 

State-owned defence company Denel has announced it will institutionalise and implement a new turnaround plan to effect a self-sustaining business. The plan is particularly focused on streamlining... 

State-owned defence company Denel has announced it will institutionalise and implement a new turnaround plan to effect a self-sustaining business. The plan is particularly focused on streamlining... 

State-owned defence company Denel has paid overdue salaries of about R300-million to trade union Solidarity members and other employees, and has reached a settlement with Solidarity on the... 

Multinational tech enterprise Rheinmetall has set itself the goal of attaining carbon neutrality by 2035 and the group’s South African subsidiary Rheinmetall Denel Munition (RDM) has taken the... 

Trade union Solidarity will hold the first of several auctions of State-owned defence company Denel’s assets on July 15. Solidarity seized these assets earlier this year owing to Denel’s failure to... 

Gibela unveiled the one-hundredth X’trapolis Mega commuter train it is building for the Passenger Rail Agency of South Africa on July 4. 

Trade union Uasa reports that the Labour Court has rejected State-owned defence company Denel’s technical points aimed at further delaying payments to Uasa members, in their dispute over delayed... 

Former Denel group CEO Riaz Saloojee has returned to the state-owned defence technology company after he was forced out during the state capture period. Saloojee was one of three Denel executives... 

The Department of Public Enterprises on May 12 outlined its Strategic Plan 2020 to 2050 and Annual Performance Plan for 2022/23, and presented this to the Portfolio Committee during a virtual... 

The Portfolio Committee on Defence and Military Veterans this week visited the facilities of State-owned Armscor and Denel as part of an oversight programme and urged the entities to explore new... 

Trade union Uasa has brought an urgent Labour Court application against State-owned defence group Denel to order it to honour all outstanding contractual obligations and effect payment of Uasa... 

Trade union Solidarity has said it will lay charges of corruption, theft, fraud and mismanagement of State funds against 19 alleged State capturers, including former president Jacob Zuma, at the... 

The UASA trade union has expressed disappointment that the Labour Court, in a ruling handed down on Wednesday, had effectively given financially-beleaguered State-owned defence industrial group... 

The Solidarity trade union announced on Wednesday that it had submitted warrants of execution, worth some R90-million, against State-owned defence industrial group Denel, to the sheriff of the... 

I was fortunate enough to watch Rob Hersov speak at the BizNews Investment Conference. Hersov is not short of a few bob and is a leading investor in the revamp of Fisantekraal Airfield, in Cape... 

To the outside observer, the recent debate on the importance of the private sector in creating employment must have come across as almost surreal given South Africa’s economic predicament and the... 

Finance Minister Enoch Godongwana has reiterated his commitment to clamp down on State-owned entities (SOEs) that are draining the fiscus with bailouts. Delivering his Budget 2022 speech on... 

The Solidarity Trade Union has announced that it will pursue criminal charges against those responsible for theft and mismanagement at the country’s State-owned entities (SOEs). It did so in a... 

The South African National Space Agency (Sansa) has changed its business model and culture and is overhauling, revising and aligning about 70 of its policies and systems to cater for growth in the... 

South Africa’s largest lender to farmers is seeking to exit default on its debt by the end of March, potentially marking the end of a two-year saga that’s raised concern other indebted State... 

The JSE has suspended South African State-owned defence company Denel's bonds after it failed to submit financial results within the required timeframe. The suspension means investors cannot trade... 

The Guptas and their associate Salim Essa used a supplier VR Laser Services as a "vehicle" to capture state defence technology company Denel, the State Capture Commission has found. The commission,... 

The second part of the three-part report of the Judicial Commission of Inquiry into Allegations of State Capture, also known as the Zondo Commission, was delivered to The Presidency at the Union... 

Trade union Solidarity claims that mismanagement and a lack of political will at South African national oil company PetroSA are the main reasons for a second retrenchment process instituted within... 

A year can feel extremely long when events run away from you, but awfully short if one is trying to implement a turnaround. 2021 is a case in point. 

Business Unity South Africa (Busa) has resolved to support the National Prosecuting Authority (NPA) with resources to enable it to “urgently prepare cases” against those identified in a recently... 

Name of company and activity – TurboDirect SA is the largest original equipment (OEM) manufacturer and turbocharger importer, distributor and repairer in South Africa, holding genuine brand... 

Defence company Denel has again failed to comply with a Labour Court order, handed down on August 4, 2020, compelling the enterprise to honour all outstanding contractual obligations with Uasa... 

Government’s rising debt service costs, at about R1-trillion over 2022/23 to 2024/25, is crowding out spending on service delivery functions. Debt service costs will, on average, consume 21c of... 

Finance Minister Enoch Godongwana offered no new insight in his maiden address to lawmakers into how government intended approaching the issue of Eskom’s R400-billion debt burden, which has been... 

Safety at the Rheinmetall Denel Munitions plant in Macassar, Somerset West, has been called into question after an explosion on the premises on Sunday night. Trade union UASA said it was "anxious... 

In a blow for the National Metalworkers Union of South Africa (Numsa), the Constitutional Court ruled on Wednesday that it cannot hear the union's application seeking to have Parliament decide... 

The Department of Employment and Labour's (DEL's) inquiry into the events that led to a fatal incident at Rheinmetall Denel Munition's facility in Macasser, in the Western Cape, in 2018, is set to... 

Trade union UASA has demanded that Public Enterprises Minister Pravin Gordhan clarify issues regarding the nonpayment of employees at the State-owned Denel defence industrial group. It has done so... 

Financially-embattled State-owned defence industrial group Denel has finally initiated its long-trailed plan to dispose of what it considers to be ‘non-core’ assets. It has published a newspaper...