Monday, December 17, 2018
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Denel - News Archive

Search Keyword Denel Total: 10 results found.

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  1. Denel's accounts littered with flaws - Auditor General

    Category: Industry/Industry

    Shoddy and incomplete accounting at Denel left the country’s Auditor General unable to make a judgement on the soundness of its most recent financial statements, according to the firm’s annual report. ...
    Monday, 17 December 2018
  2. Armscor highs and lows in 2018

    Category: Industry/Industry

    ... “Denel issues”. This is because issues at the State-owned defence and technology group impact on Armscor’s ability to delivery to its primary client – the SA National Defence Force. Challenges aside, ...
    Wednesday, 12 December 2018
  3. Denel pays back City of Johannesburg loan

    Category: Industry/Industry

    Denel has repaid the R290 million loan it owed to the City of Johannesburg, Mayor Herman Mashaba has confirmed. Mashaba on 11 December announced that he had received notice that “the R290 million ...
    Wednesday, 12 December 2018
  4. International Anti-Corruption Day

    Category: Governance/Governance

    ... group, Denel, identified as being captured. He appointed a new board and forensic investigations are underway – contract by contract – to end illegal activities and bring the group back to profitability. ...
    Monday, 10 December 2018
  5. Denel can now pay salaries thanks to intensive financial monitoring

    Category: Industry/Industry

    State-owned defence and technology conglomerate Denel is cleaning up house one contract at a time, Parliament’s Portfolio Committee on Public Enterprises heard this week. Among issues raised by ...
    Thursday, 06 December 2018
  6. Denel needs partners soon to survive - Armscor

    Category: Industry/Industry

    South Africa’s defence industry is facing a crisis as the state-owned arms maker Denel struggles to survive, and rapidly agreeing equity partnerships is the only way to save it, one of the country’s top ...
    Friday, 30 November 2018
  7. Somerset West explosion hurts Rheinmetall sales forecast

    Category: Industry/Industry

    An explosion at the Somerset West facility of Rheinmetall Denel Munition (RDM) has negatively impacted on the Rheinmetall Group’s sales growth forecast. Rheinmetall earlier this month said that ...
    Monday, 26 November 2018
  8. Right2Know concerned about Defence Amendment Bill

    Category: SA Defence/SA Defence

    ... prohibition likely includes state owned arms company Denel, which has found itself highly exposed to state capture. “A blanket prohibition with chilling criminal sanctions as envisaged by this clause is ...
    Friday, 23 November 2018
  9. Khashoggi killing complicates Saudi rescue bid for Denel

    Category: Industry/Industry

    Loss-making South African arms maker Denel has a problem as it fights to survive. Its potential saviour is Saudi Arabia, now drawing fierce criticism following the killing of journalist Jamal Khashoggi. ...
    Wednesday, 21 November 2018
  10. Sigma providing logistic support for SA Army’s Y4 grenade launchers

    Category: Joint/Logistics

    ... of rounds of ammunition for the South African Army. Rheinmetall Denel Munition (RDM) was awarded the contract to supply the ammunition, and Milkor the launchers. Deliveries of the SuperSix (Y4) launchers ...
    Monday, 19 November 2018

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