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Trade union Solidarity announced on Friday that financially-embattled State-owned defence industrial group Denel had just paid it R4-million. The money is to cover the salary arrears of union...
President Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or...
National Treasury director-general Dondo Mogajane is warning that major Budget cuts will be required to offset a range of expenditure pressures that had arisen as a result of recent government...
South Africa's Land Bank made another loss in the year to the end of March and is yet to finalise a debt restructuring plan, the bank said on Tuesday. The state-owned agricultural bank, which...
Despite State-owned aerospace and military technology company Denel’s Turn Around Plan (TAP) having been approved in February 2019, the company said in a presentation to Parliament’s Standing...
The role the South African National Defence Force (SANDF) has played and plays in ensuring the internal and external security of South Africa has again highlighted the importance and necessity of...
Financially-beleaguered State-owned defence industrial group Denel announced on Wednesday a radical reorganisation, in an attempt to turn the business around. The plan also implied a significant...
The Labour Court on Friday again postponed the case brought by trade union UASA against financially-embattled State-owned defence industrial group Denel. The case will now only be heard on December...
Gibela is behind schedule in the delivery of the new trains to the Passenger Rail Agency of South Africa.
Financially-embattled State-owned defence industrial group Denel issued, on Tuesday, a short statement regarding the threat of court action against it, aimed at forcing its liquidation. This action...
Trade union Uasa has assured its members who are employed by the State-owned defence industrial group Denel of its support for them, as the tale of the financially-beleaguered company took another...
In her address to the National Assembly on Tuesday, introducing the debate for her 2021 budget vote, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula warned the assembled...
Trade union the National Union of Mineworkers (NUM) says it strongly condemns the ongoing failure by State-owned defence equipment manufacturer Denel Land Systems to pay the salaries of workers. It...
The Uasa trade union has blasted the South African government for spending a significant sum of taxpayers’ money on employing Cuban ‘service providers’ over the last few years, instead of using it...
In her address to the National Assembly on Tuesday, introducing the debate for her 2021 budget vote, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula warned the assembled...
Trade unions Uasa (which no longer uses its original full name) and the Federation of Unions of South Africa (Fedusa), to which Uasa is affiliated, have urged the Department of Public Enterprises...
Health and safety procedures at Rheinmetall Denel Munition (RDM) have been called into question during the second day of the public inquiry into the 2018 explosion that rocked the plant in Macassar...
More questions than answers have surfaced surrounding the 2018 blast at the Rheinmetall Denel munitions plant in Somerset West in the Western Cape, which killed eight people. The first day of the...
Trade union Uasa has demanded that financially-embattled State-owned defence industrial group Denel reconsider the changes the company plans to make to its retrenchment policy. “Policy changes...
Trade union UASA says it is “bitterly disappointed” by State-owned defence company Denel’s policy change proposals concerning the benefits paid out to employees under certain circumstances. UASA...
Damen Shipyards Cape Town (DSCT), a subsidiary of the Netherlands-based Damen International Shipyards Group, recently launched the first (of three) Multimission Inshore Patrol Vessels (MMIPVs) for...
Auditor General Tsakani Maluleke said while there were marginal improvements in the audit outcomes of national and provincial government departments as well as their entities, the improvement were...
The Department of Science and Innovation (DSI) has invested R18.9-million in the development of two nanosatellites that will be used to improve maritime domain awareness in South Africa. The...
South African state-owned defence company Denel has appointed Thandeka Sabela as acting CFO, the firm said on Tuesday. The firm's former CFO, Carmen le Grange, resigned earlier in March, extending...
Management at SAA Technical is continuing with efforts to try to pay employees at least 50% of their salaries due for March, but at this stage, is still waiting for details of "anticipated funding"...
Almost unnoticed by most people on Earth, space technology and infrastructure has become essential for, and ubiquitous in, everyday life. It has become a major facilitator for national economic...
Almost unnoticed by most people on Earth, space technology and infrastructure has become essential for, and ubiquitous in, everyday life. It has become a major facilitator for national economic...
Deputy Minister of Public Enterprises Phumulo Masualle told Parliament on Tuesday afternoon that despite ongoing troubles at state-owned entities (SOEs) and delays in already announced plans to get...
South Africa's State weapons manufacturer Denel expects to make further losses in its current financial year, it said in a presentation on Wednesday as its acting chair denied the company was...
A hybrid sounding rocket developed by the University of KwaZulu-Natal (UKZN) has set a new altitude record by reaching 17.9 km into the earth’s atmosphere at twice the speed of sound. The launch,...
Financially-beleaguered State-owned defence industrial group Denel has been granted yet another time extension to try and achieve compliance with the Labour Court order of August 4 last year, the...
Trade union Solidarity has obtained a warrant of execution to seize R12.7-million worth of assets from State-owned defence group Denel. The union explained in a statement on March 4 that this...
A series of recent resignations from the board of directors of South Africa's state-owned defence company Denel is linked to funding not being made available in the government's 2021 budget, a...
South African State-owned defence company Denel said on Monday that CFO Carmen le Grange had resigned, extending a recent string of resignations that have deepened a crisis at the struggling firm....
State-owned defence company Denel said on Thursday that two board members, including chairwoman Monhla Hlahla, had resigned, days after it said several other board members had resigned. "The...
The Land and Agricultural Development Bank of South Africa (Land Bank), which defaulted on its debt obligations on April 1, 2020, and is renegotiating it repayment terms, will receive R7-billion in...
On Monday, embattled State-owned defence industrial group Denel reported, via the Johannesburg Stock Exchange’s SENS news service, that it had suffered a string of resignations from its board of...
Parliament’s Select Committee on Public Enterprises and Communication has been briefed by Public Enterprises Deputy Minister Phumulo Masualle and Denel acting CEO Talib Sadik about the State-owned...
Trade union Uasa has reacted strongly to two reported suicides by Denel workers earlier this week. The union described the news as “distressing and heart-wrenching”. It accused the State-owned...
During the 2019/2020 financial year, exports accounted for 42% of State-owned defence industrial group Denel’s business, with Asia being the single biggest export market, taking 24%. Perhaps...
South African State-owned defence industrial group Denel released its 2019/20 annual report on February 1. The period covered by the report did not include the very difficult months for the group...
In his statement within the State-owned defence industrial group Denel’s 2019/2020 annual report, interim CEO Talib Sadik addressed the failure of the company to fully pay the salaries of its...
During the 2019/2020 financial year, exports accounted for 42% of Denel’s business, with Asia being the single biggest export market, taking 24% of the South African State-owned defence industrial...
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