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Denel asset seizure ongoing

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A five-year turnaround plan for Denel is not paying outstanding and currently due salaries despite a commitment to “work tirelessly” to remedy this blot...

Denel at risk of collapse, with implications for the SANDF

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Denel is at risk of collapse and this could affect the South African National Defence Force’s ability to fulfil its constitutional obligations. This is according...

Interim Denel CEO sets five year plan for profitability

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Irascible trade unions, portions and non-payment of salaries, possible legal action seeking liquidation and creditors not meeting their obligations will not deter Denel interim...

No June or July salaries for Denel Land Systems staff

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Employees at Denel Land Systems (DLS) will once again have to dig into their own pockets to make ends meet as the company cannot...

Legal lifeline for Denel as employees go without pay

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A legal lifeline has been cast to beleaguered Denel by the Labour Court with a postponement to allow the State-owned defence and technology conglomerate...

Embarrassing state of affairs at Denel needs a swift solution –...

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The dire financial situation at Denel has not improved after more than a year of empty promises to workers and embarrassingly, employees at Denel...

Salary woes continue at Denel

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At least one Denel division – Dynamics – will not be paying staff this month because of “the client not honouring promises to make...

New Denel director

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An announcement by troubled Denel to the Johannesburg Stock Exchange (JSE) sees one of five current vacancies on its board filled. According to the two...

Opinion: Denel is Dead, Long Live Denel Capabilities

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Business and government move between phases of centralisation and decentralisation. At this moment in South Africa, it seems as though government is moving towards...

Denel Dynamics aims to pay 30% of June salaries

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After a salary warning for employees of the Denel group, missile and UAV systems house Denel Dynamics is hopeful it will be able to...

COMPANY NEWS

Misleading SANDF post removed after defenceWeb intervention

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One imagines at least a handful of the more than seven thousand followers of the SA National Defence Force (SANDF) LinkedIn social media account...