Tag: Denel

The South African defence industry showed its mettle at the Army's Exercise Vuk’uhlome Distinguished Visitors Day on 22 November, not only exhibiting its solutions...

Finance Minister Enoch Godongwana singled out Denel, along with three other State-owned enterprises (SOEs), as being in poor financial health, with the Centurion-headquartered defence...

Two senior Democratic Alliance (DA) public representatives, whose shadow portfolios include troubled State-owned defence and technology group Denel, maintain priority number one should be...

The Engineering News article “Denel seeking to rebuild itself after severe collapse” provides interesting reading. There have been no audited Denel financial statements released...

The South African Army’s search for new armoured personnel carriers (APCs) to replace its current border patrol vehicles is seeing seven South African defence...

Denel is proceeding with work to complete the development of the Badger infantry fighting vehicle (IFV) under Project Hoefyster, and expects to establish a...

The Denel Overberg Test Range (OTR) in the Western Cape hosted its ninth “show and tell” for the wider South African defence community in...

Khaya Magaxa, Parliamentary Portfolio Committee on Public Enterprises chair, welcomed progress made by Denel with its turnaround strategy. In a statement issued post a presentation...

Denel is forging partnerships with the UAE, Turkey, and Saudi Arabia, selling assets and restarting production as it continues to implement its turnaround strategy. Interim...

Proof Denel can still make the grade came at Armscor’s Alkantpan test range last month with pride of place going to a VLAP (velocity...

During Public Enterprises Minister Pravin Gordhan’s  four-and-a-half year tenure, to date State-owned defence and technology conglomerate Denel has sold assets valued at R15.6 million...

Denel Aeronautics and Aselsan have signed an agreement covering future avionics modernisation of the Rooivalk attack helicopter, following an earlier memorandum of understanding announced...

Julius Malema’s Economic Freedom Fighters (EFF) in the form of Limpopo parliamentarian Omphile Maotwe is proving to be a persistent questioner in search of...

Ahead of Chief Justice Raymond Zondo expressing concern around Parliament not being able to prevent another round of State capture, Public Enterprises Minister Pravin...

Denel has, for the first time in years, posted positive earnings, with R390 million before interest and tax (EBIT) for the year ending March...

The non-appearance of the Denel board at this week’s SCOPA (Standing Committee on Public Accounts) meeting was, in typical Parliamentary style, noted and re-scheduled...

With its factories resuming production after a hiatus of several years, Denel is working on its R18 billion order book and targeting R30 billion...

Having received the latest R1.8 billion bailout payment from National Treasury and settling outstanding salaries, Denel is restarting production at its facilities as it...

In March, Denel received R1.8 billion from National Treasury, which is withholding another R1.5 billion while Denel proceeds with the sale of remaining non-core...

Further evidence of the drain Denel is on the public purse comes from Public Enterprises Minister Pravin Gordhan replying to a Parliamentary question. He told...

Denel has recently found itself refuting allegations of malfeasance made by suspended Denel Dynamics CEO Sello Ntsihlele. In a statement issued on 25 May, the...

Defence and technology conglomerate Denel is one of Pravin Gordhan’s State-owned entities (SOEs) responsibilities with his department displaying nifty political footwork to divert a...

State-owned defence company Denel has said its contract to supply new generation Badger infantry fighting vehicles (IFVs) to the South African National Defence Force...

Parliament’s Joint Standing Committee on Defence (JSCD) is “concerned by the return on investment (ROI)” the SA National Defence Force (SANDF) receives for its...

The South African National Defence Force (SANDF) relies heavily on Denel and Armscor for its defence equipment needs. This was emphasized by General Rudzani...

Defence and Military Veterans Minister Thandi Modise made it clear she alone cannot move Denel from the control of its current government shareholder to...

Three weeks after the Joint Standing Committee on Defence (JSCD) urged Denel and the SA National Defence Force (SANDF) to ‘thrash out concerns’, it...

Parliament’s Joint Standing Committee on Defence (JSCD) has called for the full implementation of Denel’s turnaround strategy so that it can continue to support...

One Parliament defence oversight committee – the Joint Standing Committee on Defence (JSCD) – maintains it’s time for management of the national defence force...

There has been little forward movement on the Badger and A-Darter projects for the SA National Defence Force (SANDF), which is still in the...

The audit of state-owned defence conglomerate Denel’s financial statements is two years behind, as the company only submitted its 2021/22 financial year statements to...

An upbeat Mike Kgobe, interim Denel chief executive, has let personnel at the State-owned defence and technology conglomerate know seven Badgers – “our very...

Denel maintains it’s open for business and will use IDEX in the Abu Dhabi emirate of the UAE (United Arab Emirates) later this month...

Parliament’s Portfolio Committee on Public Enterprises (PCPE) maintains Denel’s strategic restructuring plan is “a re-engineering of the business”. The comment comes in a statement issued...

Probably the most poignant comments to date on what is increasingly looking like a dead duck – Project Hoefyster – include “a sad sight”,...

A single sentence in Finance Minister Enoch Godongwana’s medium term budget policy statement (MTBPS) would surely have put a smile – at minimum –...

This week’s medium-term budget policy statement may offer some clarity to Denel, which is trying to obtain additional funding in order to implement its...

Next in line for the seemingly never-ending saga that is the SA Army’s new infantry combat vehicle (ICV) to replace the ageing Ratel is...

Denel Dynamics has for the first time publicly revealed a new aerial target drone, which was displayed at the recent Africa Aerospace and Defence...

Denel is one of three State-owned enterprises (SOEs) which have not submitted annual reports and financial statements for the second year running. This, according to...

It was evident on the sidelines of the Africa Aerospace and Defence (AAD) 2022 exhibition that Denel was getting strong support for its turnaround...

South Africa has developed numerous cutting-edge technologies and has many competitive products, such as in the fields of artillery, self-protection systems, mine-detection vehicles, secure...

State-owned defence and technology conglomerate Denel, seemingly back on track after years of State Capture and poor management hardships, is putting itself back in...

Pretoria-based James Kerr heads up Orion Consulting and provides, among others, management, marketing, pricing and strategic planning services to industry sectors including the South...

Denel management appears to be taking the “drastic times call for drastic measures” idiom to heart as it sets out on labour negotiations that...

While the Denel board applies its mind to finding and appointing a new permanent group chief executive, a former acting chief executive is now...

With salary payments – at long last – up to date, Denel is cautiously optimistic about the future, going as far as telling a...

As Denel readies itself to become a properly functioning entity, the State-owned defence and technology conglomerate appears to have an ally in the form...

Denel’s chief restructuring officer Riaz Saloojee believes there is now a clear and sustainable business case underpinning the future of the company, which has...

Denel has finally paid all outstanding salaries owed to employees after gaining access to funds from the Denel Medical Benefit Trust. Most staff had...