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Labour Court rejects Denel’s technical points in dispute over failure to pay Uasa-affiliated employees

By: Donna Slater     3rd June 2022 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 salary payments. The urgent court application brought by Uasa against Denel in April to honour all... 

Former Denel CEO is back as restructuring boss

By: News24Wire      1st June 2022 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 suspended in 2015 by then-newly appointed board chair Daniel Mantsha.    

Department of Public Enterprises outlines priorities for current financial year

By: Tasneem Bulbulia     11th May 2022 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 briefing. The department oversees core strategic State-owned companies (SOC). 

Parliamentary committee urges Denel, Armscor to find solutions to their challenges

By: Schalk Burger     22nd April 2022 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 avenues to use their assets and find solutions to the challenges they are facing. During the visit to... 

Uasa approaches court to ensure Denel pays employees

By: Schalk Burger     5th April 2022 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 members’ full remuneration from August 1, 2020, to date within 14 days of the order. It also seeks an... 

Solidarity to lay fraud charges against Zuma and others 

By: Sane Dhlamini     28th March 2022 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 Brooklyn Police Station on Tuesday. Solidarity chief executive Dr Dirk Hermann said the criminal... 

Labour court keeps Denel under judicial supervision but postpones union’s case by months

By: Rebecca Campbell     17th March 2022 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 Denel until after September to meet its contractual financial obligations towards those of its staff... 

Solidarity union submits warrants of execution to seize Denel assets over failure to pay staff

By: Rebecca Campbell     9th March 2022 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 court. This followed Denel’s failure to abide by a Labour Court order and pay, by March 8, union members... 

Where to invest in Africa

By: Terry Mackenzie-hoy     4th March 2022 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 Town. In his speech, he posed the question: In the current scenario, who would invest in South Africa?... 

Public paralysis

By: Terence Creamer     25th February 2022 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 poor state of the public sector. For one, it is painfully obvious that South Africa is still... 

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