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Denel Asia venture cost Denel R3 billion

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The doomed Denel Asia joint venture with VR Laser cost Denel R3 billion in revenues, the Portfolio Committee on Public Enterprises has heard. Department of...

Denel makes it to the State Capture Inquiry

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Justice Raymond Zondo's Commission of Inquiry into State Capture has received its first submission regarding alleged and apparent wrongdoing in the South...

Denel exits Denel Asia joint venture

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Denel has announced that it has exited the controversial Denel Asia joint venture with VR Laser Asia, citing negative impact on its...

Denel chairman reportedly in contact with Guptas on joint venture

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Denel board chairman Daniel Mantsha reportedly supplied the Gupta family with what has been called "sensitive information" at the time the State-owned...

Denel’s fragile financial situation reason for Denel Asia joint venture not...

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The "fragile financial situation" Denel is in has been given as the reason why finance Minister Malusi Gigaba opposes the Denel Asia...

Parliamentary committee wants ministers to answer Denel Asia questions

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Parliament's Portfolio Committee on Public Enterprises has entered the fray around the legality or not of Denel's joint venture with VR Laser...

Denel endeavours to re-establish itself in East Asian market

The company reiterates it conformed to all governance and statutory prescripts leading up to the formation of the Denel Asia joint venture.Denel has noted...

Denel endeavours to re-establish itself in East Asian market

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Denel has noted the recent media reports on the National Treasury's (NT) former Director General Lungisa Fuzile's court papers regarding the establishment of a...

Denel continues to defend Asian venture

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Denel is adamant it has compiled with all the necessary regulations as far as the formation of its joint venture with a...

National Treasury maintains Denel Asia joint venture cannot be approved

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A proposed meeting, at which the ministers of Finance and Public Enterprises will discuss the thorny question of the Denel Asia joint...

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...