Tag: Denel

In what is another financial blow to struggling Denel, the State-owned defence and technology conglomerate has to pay 42 non-unionised current and former employees...

The real reason why some South African Air Force (SAAF) aircraft are grounded is the poor state of the defence budget, and not just...

Ailing State-owned defence and technology conglomerate Denel was told “there’s no need to sugar coat or hide anything” by the acting chair of a...

Representatives from trade union UASA this week delivered a presentation to members of Parliament’s Standing Committee on Appropriation at the South African National Defence...

The current sorry state of Denel will change if Armscor chief executive Solomzi Mbada is to be believed. He devotes part of his “From the...

Restructuring for efficiency, establishing joint ventures, and selling shares are some of the key turnaround strategies Denel is implementing, and which it believes will...

Denel has until Tuesday 12 April to provide the Labour Court with the “exact” amount owing to employees who are members of UASA (United...

Trade Union UASA (United Association of SA) wants a share of what it expects to be a R1 billion pay-out to embattled Denel from...

Solidarity has laid charges of corruption, theft, fraud and mismanaging state funds against 21 alleged state capturers, including the former chairperson of Denel, Daniel...

South Africa’s legal system has yet again come to the rescue of Denel employees in dire financial straits because the State-owned enterprise (SOE) is...

Denel has some breathing room in its battle with trade union UASA, after the Labour Court in Johannesburg ruled the company will remain under...

Trade union UASA’s labour case against Denel is back in court today, 16 March, as the union continues to fight for the state-owned company...

As the custodian of Department of Defence intellectual property (IP), Armscor has been tasked with identifying and making accessible IP for commercialisation. The National Defence...

Six Denel divisions representing the spine of the conglomerate’s manufacturing capabilities will have assets attached in terms of a court order awarded to Solidarity...

Armscor is getting creative in dealing with the crisis at Denel by paying Denel’s suppliers directly, amongst other measures, as Denel battles to deliver...

Denel Dynamics has been unable to deliver any production A-Darter air-to-air missiles to the South African Air Force (SAAF), forcing Armscor to contemplate contracting...

Denel Dynamics has not been able to generate enough cash to pay all staff their February wages, but will be able to pay employees...

Denel employees and pensioners need not fear benefits from a company medical trust are in jeopardy following a High Court ruling and a ministerial...

A group of current and former Denel employees plan to attach over R4 million apparently residing in a Denel company account as response to...

Denel Pretoria Metal Pressings (PMP) is able to pay half of outstanding salaries for January, and is hopeful of paying February wages. PMP CEO Phaladi...