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Mechem making strides in helping Turkey eliminate landmines

By: Tasneem Bulbulia     6th June 2019 Mechem, part of the Denel Group, says it has recorded notable results in Turkey with the clearance of landmines in a “dangerous” border area. Since the start of demining operations on the eastern border of Turkey in mid-2016, it has found and destroyed about 45 000 landmines and helped to make... 

Denel announces last phase of offset programme for Malaysia

By: Rebecca Campbell     24th May 2019 South Africa’s State-owned defence industrial group Denel has announced that it has launched its tenth and last offset project for Malaysia, being provided in return for the South East Asian country’s order for armoured vehicle gun turrets and integrated weapons systems for armoured fighting... 

Denel announces latest phase of its offset programme to Malaysia 

By: Rebecca Campbell     10th May 2019 South Africa’s State-owned defence industrial group Denel announced on Friday that its tenth and last offset project for Malaysia, being provided in return for the Asian country’s order for armoured gun turrets and integrated weapons systems for armoured fighting vehicles (AFVs), was launched... 

New revolution prompts need for tight security

19th April 2019 With the Fourth Industrial Revolution, the rapid growth of the Internet and the speed at which the cyber environment is developing, State-owned aerospace and military technology conglomerate Denel says security spaces need to be tightly monitored.   The defence and national security environments... 

Denel to stop manufacturing parts for Airbus A400M aircraft

By: Rebecca Campbell     12th April 2019 South African State-owned defence industrial group Denel announced at the end of last month that it had reached a mutual understanding with Europe-based major aerospace and defence group Airbus to cease Denel’s manufacture of components for the Airbus A400M military airlifter aircraft, “subject... 

Denel to end manufacture of parts for Airbus A400M aircraft

By: Rebecca Campbell     1st April 2019 South African State-owned defence industrial group Denel announced over the weekend that it had reached a mutual understanding with Europe-based major aerospace and defence group Airbus to cease Denel’s manufacture of components for the Airbus A400M military airlifter aircraft, “subject to... 

Mboweni questions need to hold onto State assets 

By: Bloomberg     25th March 2019 Finance Minister Tito Mboweni said a discussion must begin on whether the government needs to retain control of all the assets it owns given the poor state of the national finances. Mboweni has asked Public Enterprises Minister Pravin Gordhan for a list of noncore State assets and has been... 

Denel seeking contingency funding as it outlines turnaround strategy

By: Rebecca Campbell     22nd March 2019 State-owned South African defence industrial group Denel is preparing an application for funding from the R13-billion contingency reserve announced by Finance Minister Tito Mboweni in his 2019/2020 Budget speech. “We know that [the] Government is cognisant of the fact that Denel is in need of... 

Denel aiming to access contingency fund, confident about future despite ratings cut 

By: Rebecca Campbell     6th March 2019 State-owned South African defence industrial group Denel is preparing an application for funding from the R13-billion contingency reserve announced by Finance Minister Tito Mboweni in his 2019/20 Budget speech. “We know that [the] government is cognisant of the fact that Denel is in need of... 

There is no 'endless supply of cash' Mboweni tells Parliament

By: News24Wire      21st February 2019 Finance Minister Tito Mboweni told MPs on Thursday there is "no endless supply of cash" in government, and the state has no printing press to magic new funds.  Following on from his maiden Budget speech on Wednesday, Mboweni told a joint sitting of various oversight committees that the biggest... 

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