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SA’s flagging defence industry needs ammunition to remain a force

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A capable domestic defence industry is arguably as important to a country as its defence force writes Dr Mthobisi Zondi for Independent Online (IOL)....

LMT struggling to pay salaries

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Land Mobility Technologies (LMT), in which Denel has a 51% holding, has struggled to pay July salaries, with not all staff receiving their wages....

Denel expecting government assistance later this year

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Denel expects to receive government support in the third quarter of this year as ministers are satisfied with progress in its turnaround plan, the...

Findings of Denel forensic investigations expected to see recovery of funds, disciplinary action

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Allegations of fraud and mismanagement raised by Solidarity’s Denel Dossier are among forensic investigations already done by Denel with legal action to recover losses...

Denel/Solidarity battle moves to court

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The war of words between Denel and Solidarity is escalating to the legal level with the trade union set to serve court papers on...

Armscor going the digital billboard route

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Armscor plans to put its name up in lights in the not too distant future, if a tender for the installation of digital billboards...

Denel to get bailout, but with conditions

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Finance Minister Tito Mboweni has announced that Denel, and other state owned entities, will be recapitalised, with billions in extra funding, but this will...

Mapisa-Nqakula committed to supporting the local defence industry

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South Africa’s beleaguered defence industry will, according to Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula, continue to be supported by the national defence force...

Legal action threatened as Denel salaries in jeopardy again

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Trade union Solidarity has threatened legal action against Denel as the state owned defence conglomerate has cautioned that it may not be able to...

South Africa and India seeking defence industry collaboration

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The South African Aerospace, Maritime and Defence Export Council (SAAMDEC) is looking at collaboration with Indian defence companies and after a trade visit identified...

COMPANY NEWS

Check before you speak, Minister!

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South African Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula needs to verify her facts before she speaks, or risk further embarrassment to the South...