Browsing: Denel

News
Disintegrating SOEs imperil South Africa’s finances

A meltdown at some of South Africa’s biggest state companies is intensifying, placing the nation’s finances at risk and frustrating President Cyril Ramaphosa’s efforts to attract new investment and resuscitate a moribund economy.

News
Broke Denel struggling to pay salaries

State-owned arms manufacturer Denel said it doesn’t have enough cash to pay its staff their full salaries this month, joining other government-owned companies clamouring for support in South Africa.

News
Jonas worried state firms being used politically

Deputy finance minister Mcebisi Jonas is “worried” about the impact of a perception that state institutions are being used to advance political agendas, saying the issue is a distraction to efforts to expand the economy. “Political behaviour does

In-depth
SA’s treasury battles SOEs

As South African finance minister Pravin Gordhan tries to fend off a police investigation, his department is engaged in open conflict with key state-owned companies over their management and spending plans. Threatened court action by the national

News
Denel drones may be used to fight rhino poachers

The Hawks are working on a project with state-owned Denel Dynamics to find the right drone technology in the fight against rhino poaching, parliament heard on Friday. Parliament’s police committee was briefed by the South African Police Service

News
Denel working on e-warfare programmes

Arms manufacturer Denel will work with GEW Technologies, owned by Airbus, on future electronic warfare programmes for South Africa, the parastatal said on Tuesday. Electronic warfare technology

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