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High Court rules Denel must pay staff salary deductions

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The North Gauteng High Court in Pretoria has ruled that Denel must pay over the unemployment insurance and taxes deducted from employees’ salaries over...

SA Army Chief slams Denel over Project Hoefyster delays

SA Army Chief slms Denel over Project Hoefyster delays

South African Army not impressed with Hoefyster delays

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Chief of the South African Army, Lieutenant General Lindile Yam, has expressed dissatisfaction with the delays by Denel Land Systems in delivering Badger infantry...

LMT struggling to pay salaries

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Land Mobility Technologies (LMT), in which Denel has a 51% holding, has struggled to pay July salaries, with not all staff receiving their wages....

Denel expecting government assistance later this year

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Denel expects to receive government support in the third quarter of this year as ministers are satisfied with progress in its turnaround plan, the...

Solidarity taking Denel to task over salaries

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Trade union Solidarity has announced that it is approaching the High Court to compel Denel to make a host of outstanding payments towards the...

Findings of Denel forensic investigations expected to see recovery of funds,...

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Allegations of fraud and mismanagement raised by Solidarity’s Denel Dossier are among forensic investigations already done by Denel with legal action to recover losses...

Denel/Solidarity battle moves to court

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The war of words between Denel and Solidarity is escalating to the legal level with the trade union set to serve court papers on...

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...

Legal action threatened as Denel salaries in jeopardy again

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Trade union Solidarity has threatened legal action against Denel as the state owned defence conglomerate has cautioned that it may not be able to...

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...