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Industry

Denel says it will pay December salaries

Denel to pay salaries in December. Denel has said that the December salaries as well as the outstanding 13th cheque payments due to its employees will be paid out as planned on December 22. The announcement comes after a week of intense engagements the company held with its shareholder representative, the Department of Public Enterprises and the National Treasury about its severe liquidity challenges.

   

2017 confirms defenceWeb as South Africa's leading defence news source


defenceWeb remains the largest, most credible and widely read defence and security news website in Africa, with three-and-a-half thousand stories published in 2017.

   

DA wants answers on Denel’s apparent cash flow problems

DA on Denel cash flowApparent cash flow problems at government-owned defence and technology conglomerate, Denel, have attracted the attention of opposition politicians with Natasha Mazzone of the Democratic Alliance (DA) asking for an “immediate update of the true status of its financial affairs”.
   

Mwewe used to integrate satcom terminal for small UAVs

A Mwewe UAV.Paramount Advanced Technologies’ (PAT’s) Mwewe unmanned aerial vehicle (UAV) has been used to get type approval for Cobham’s Aviator UAV200 satellite communications terminal.

   

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