Tag: Denel
DA calls for urgent overhaul of Denel
Denel must undergo an urgent overhaul and leadership revamp to secure South Africa’s defence sector, the Democratic Alliance (DA) has urged. It says the...
Denel and Embraer partner on KC-390
South African defence conglomerate Denel was at the just ended Latin America Aerospace and Defence (LAAD) exhibition where it entered into a memorandum of...
Former Denel executives face fraud and corruption charges
Former Denel board chair Daniel Mantsha and Zwelakhe Ntshepe, once acting and then briefly permanent Chief Executive of the State-owned defence and technology conglomerate,...
Motshekga meets Denel board and management ahead of responsibility move
Ahead of Denel “officially” becoming the responsibility of the South African Department of Defence (DoD), the board of the State-owned enterprise (SOE) met its...
Denel’s move into the Department of Defence to cost R67 million
As the Department of Public Enterprises has ceased to exist, state-owned defence conglomerate Denel is being moved into the Department of Defence (DoD), and...
India and South Africa keen to deepen defence industry cooperation
India and South Africa have a lot to offer each other with regard to defence cooperation, and companies like Rheinmetall Denel Munition, Saab Grintek...
No Badger delivery dates yet known, Parliament hears
More than 13 years in the making and the SA Army still doesn’t have a replacement for its Ratel infantry combat vehicles (ICVs) in...
Denel’s sale of Hensoldt and RDM shares no longer taking place
The selling off of stakes in non-core assets is a key part of Denel’s turnaround strategy, but the divestment of Hensoldt and Rheinmetall Denel...
Denel ready to stand up and be counted at IDEX in...
South African defence and technology conglomerate Denel will be out in force at next week’s IDEX (International Defence Exhibition and Conference) in Abu Dhabi...
Shrinking SAAF budget puts Denel’s aircraft maintenance and repair facilities in...
Answering a Parliamentary question regarding Denel aircraft maintenance capabilities, Defence and Military Veterans Minister Angie Motshekga acknowledged the State-owned defence and technology conglomerate faced...
SIU finds corruption, wasteful expenditure, little consequence management in Department of...
As President Cyril Ramaphosa’s point person on defence, Minister Angie Motshekga – even though she had no part in defence related corruption, mismanagement and...
Stuck record: The South African defence industry can be a South...
2024 has come and gone. There are good and bad elements that have been reported related to the South African defence industry.
Good/positive highlights of...
Denel upgrading Umkhonto missile
Denel is upgrading its Umkhonto surface-to-air missile (SAM) from the current Infra-Red (IR) Block II version to a more powerful weapon with better intercept...
New ASRI rocket launch facility at Denel OTR
The Denel Overberg Test Range (OTR) has – thanks to funding from the Department of Science, Technology and Innovation (DSTI) – added a “sub-orbital...
Denel turnaround hits obstacles
Unreleased funding and the non-sale of assets and properties are some of the challenges threatening Denel’s turnaround strategy.
In a recent presentation to Parliament’s Portfolio...
Project Hoefyster ‘deferred’
Speaking to members of the media at Exercise Vuk’uhlome 2024, Lieutenant General Lawrence Mbatha, the Chief of the South African Army, revealed that Project...
Denel still facing financial and operational challenges in spite of bailouts...
In spite of recent bailouts, Denel is making slow progress on implementing its turnaround strategy, something compounded by going concern and financial sustainability challenges.
This...
Distributed acoustic sensing (DAS) can play an important role in protecting...
Rapid advancements in distributed acoustic sensing (DAS) technology have led to its widespread adoption across various sectors, particularly border security. Denel is promoting DAS...
Denel annual financial statements expected by end-November
The demise of government’s Department of Public Enterprises (DPE) saw Denel, along with other State-owned enterprises (SOEs), moved to “line function ministries”.
This meant Defence...
NUMSA workers picket outside Denel over salaries
Members of the National Metalworkers Union of South Africa (NUMSA) are picketing outside Denel offices in Irene, Centurion, today over the fact that they...
Denel launches new rotary wing UAV
As part of its product diversification strategy, Denel Aerospace has announced the launch of a new Rotary Wing Unmanned Aerial System (RW-UAS), designed primarily...
SA could be “defenceless” without intervention in the SANDF
Following this week’s Portfolio Committee on Defence and Military Veterans (PCDMV) meeting there’s been another call for “urgent intervention” in the SA National Defence...
A-Darter practice missiles to be delivered this month
The much-delayed delivery of Denel’s fifth-generation Denel V3E Agile-Darter (A-Darter) short-range air-to-air missile (SRAAM) to the South African Air Force (SAAF) will begin in...
Denel fits T7 gun on its RG41 8×8
Denel’s big reveal at this year’s Africa Aerospace and Defence (AAD) exhibition was the mating of its RG41 eight-wheeled combat vehicle to a modified...
AAD 2024 is Denel public debut as Department of Defence entity
Its third foray of the year into the defence exhibition arena will see Denel with a high profile presence on home ground for the...
Denel to become a Motshekga responsibility
The dissolution of the Department of Public Enterprises (DPE) has seen “shareholder responsibility” for State-owned enterprises (SOEs) moved to “line function ministries”.
This is the...
Fitch finds “uncertainties” continue at Denel
The latest Fitch rating for South African State-owned defence conglomerate Denel reflects what the United States (US) credit rating agency says are “continuing operational,...
Ramaphosa says State-owned SOE holding company coming
Denel, along with other embattled State-owned enterprises (SOEs), will at some future stage report to a State-owned holding company after what South African President...
Denel taking aim at south-east Asia
State-owned defence and technology conglomerate Denel is in Kuala Lumpur this week where it is seeking buyers for products and services ranging from landward...
Government assistance to Denel totalled R9 billion in five years
Beleaguered State-owned defence and technology conglomerate Denel benefitted to the tune of R9 billion from National Treasury (NT) over the past five years at...
Progress, but no delivery date for Badger yet
The 2012 delivery date originally set down for the SA Army to receive its new infantry fighting vehicle (IFV), christened the Badger and given...
Massive personnel losses at Denel
In the five-year period from the 2019/20 to 2023/24 financial terms, State-owned defence and technology conglomerate Denel saw staff numbers drop by just on...
Direct cost of fraud and corruption at Denel is over R4...
State-owned defence conglomerate Denel has suffered a direct loss of more than R4 million due to fraud and corruption over the last five years,...
Overdue Denel AGMs reprieved by Companies Tribunal
Denel, under the leadership of a permanent chief executive for the first time in over three years, has been reprieved by the Companies Tribunal...
Asset Forfeiture Unit secures R43 million preservation order against former DRC...
The National Prosecuting Authority’s (NPA’s) Asset Forfeiture Unit (AFU) has secured a R43 million preservation order emanating from a case of fraud and theft...
Strategic changes coming at Denel, new CEO affirms
Tsepo Monaheng, Denel’s first permanent chief executive in more than three years, appraised “valued stakeholders” via an 8 March communication of “important and strategic...
Progress at Denel can be rewarded by access to National Treasury...
The new man at the helm of the State-owned defence and technology conglomerate Denel - Tsepo Monaheng - knows there will be no additional...
Denel concluding Hoefyster development but fewer vehicles to be manufactured
Denel is busy concluding development of the Badger infantry fighting vehicle (IFV) under Project Hoefyster, while revised production costs will see fewer vehicles manufactured...
Delivery of first operational A-Darters scheduled for December
Slow progress is being recorded with the long-delayed A-Darter air-to-air missile being manufactured by Denel Dynamics for the SA Air Force (SAAF), with delivery...
South African troops in the DRC, Mozambique at risk without helicopter...
South Africa has deployed its troops into Mozambique and the Democratic Republic of Congo (DRC) without renewing a maintenance contract needed to keep its...
SOEs, including Denel, on a “death spiral” – DA
National Treasury’s third quarter government expenditure report confirms the apparent “death spiral” of State-owned enterprises (SOEs), including Denel, continues.
The observation by Democratic Alliance (DA)...
Denel Technical Academy to host open day
The Denel Technical Academy will this weekend be holding an aviation and engineering technical careers open day.
Career specialisations to be highlighted include aircraft radiotrician,...
Bullish Denel amongst South African exhibitors at World Defence Show
State-owned Denel is one of half a dozen South African companies taking part in the second World Defence Show in Saudi Arabia this week.
The...
Denel pledges support for SAPS on national police day
Michael Kgobe, the interim Group CEO of Denel, believes the annual commemoration of National Police Day on 27 January is an opportunity to highlight...
New Denel CEO expected in office next month
Come mid-February, the chief executive’s office at the Denel campus in Irene, Centurion, will have a permanent occupant for the first time in over...
Gordhan not resigning Cabinet post
Taking the general truth of “a direct question deserving a direct answer” Public Enterprises Minister Pravin Gordhan gave a straight “no” when asked if...
New Denel chief executive no stranger to defence technology
Over three years after Denel’s last permanent chief executive exited the State-owned defence and technology conglomerate, the position has been filled by Tsepo Monaheng.
Exactly...
SA defence industry out in force at Exercise Vuk’uhlome 2023
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...
Denel still financially distressed – Godongwana
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...
Call for Denel to appoint permanent CEO
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...
