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Denel Group CEO Danie du Toit resigns

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Denel Group CEO Danie du Toit has resigned after less than two years at the helm of the defence conglomerate and his resignation has...

Denel updates parliament on turnaround strategy

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Denel has updated parliament on its turnaround strategy, describing its numerous financial problems as well as progress made in exiting onerous contracts, restructuring and...

Upbeat Denel chief executive reports to Parliament

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Parliament’s Public Enterprises Portfolio Committee has heard Denel is “actively pursuing a winnable order pipeline of R30 billion”. This, Denel chief executive Danie du...

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...

Denel asks for cash injection, rebuffs Saudi bid

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Denel has asked the government for a R2.8 billion cash injection to help it emerge from a financial crisis and secure lucrative export deals,...

Du Toit putting Denel back on track

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In just on two months new Denel group chief executive Danie du Toit has overseen a strategic review of the business and made headway...

Denel responds to racism accusation

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In the wake of racism accusations against it, state-owned defence group Denel says it is committed to transformation. The Black Management Forum (FMF) indicated it...

New Denel CEO named

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In the third week of December Cabinet announced it had approved the appointment of Daniel (Danie) du Toit as new the new group chief...