Denel, South Africa’s most important aerospace and defence company, has collapsed to a level where it is barely functioning.
City of Cape Town Disaster Risk Management teams are on site at the Denel plant in Somerset West following a fire on Tuesday ...
A loud explosion and fire occurred at Rheinmetall Denel Munition facility in Somerset West, Cape Town, on Tuesday morning.
From over 5 000 employees a decade ago, Denel is trying to make do with 1 600 today, but the loss of critical engineering and programme management ...
Denel’s efforts to restructure its business and implement a comprehensive turnaround plan, have been given a boost following the recent decision by Fitch Ratings in London to affirm its long-term ...
UASA interprets this statement, from a technical perspective, as Denel committing fraud by “withholding” of “stealing” the ...
South Africa's struggling state defence firm Denel told trade unions on Friday that it cannot honour a court ruling that it should pay outstanding salaries by Friday, a letter from Denel's lawyers to ...
South African state defence firm Denel said on Tuesday it could not pay salaries for May and wages for June and July were at risk, highlighting the gravity of its financial position. Adds quote, ...
State-owned arms manufacturer Denel has settled all outstanding salaries, as well as PAYE tax and pension fund payments, after unlocking excess funds in the Denel Medical Benefit Trust. Denel ran into ...
The High Court ordered Denel to pay a total of R4.3 million to a group of 14 former and current employees. The group is now trying to get the money from a Denel corporate account at RMB. In the ...
Parliament's Portfolio Committee on Public Enterprises will be presented with Denel's Annual Report for the 2013-14 financial years. The state-owned global supplier of defence products and solutions ...
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