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Badger set for public debut at Armed Forces Day

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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 going big at IDEX

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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...

Oversight committee terms Denel turnaround strategy “re-engineering”

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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...

Parliamentary oversight visit to DLS not encouraging for Hoefyster

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

Treasury grants Denel R3.4 billion for restructuring on the road to...

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

Fate of Denel lies with Treasury – Gordhan

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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...

Hoefyster’s future in the hands of control board and steering committee

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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...

New Denel aerial target drone

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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 annual financial statements still MIA

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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...

Minister supports Denel turnaround plans

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

Advanced technologies in the South African defence sector to be showcased...

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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...

Denel will be loud and proud at AAD

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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...

Opinion: Finding what’s “real” in defence portfolio committee presentations

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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...

Possible retrenchments loom at Denel

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

Kgobe takes over as Denel interim chief executive

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

Denel tells Parliament it’s optimistic about the future

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

Life being breathed back into Hoefyster – with conditions

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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 details its strategy to stabilise and grow the Group

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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 finally pays staff their outstanding salaries

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

UASA welcomes court order forcing Denel to meet employee obligations

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Gauteng, West Rand, based labour organisation UASA (United Association of SA) maintains the court order forcing Denel to meet its financial obligations to employees...

Denel settles outstanding salary and employee benefits with trade unions

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Protracted legal proceedings resulting in asset attachment and auction are seemingly over with Solidarity indicating via a statement issued on Sunday (31 July) a...

Denel mismanagement saw thoughts of suicide rise among employees

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The issues around state capture are by and large expounded in financial loss terms with so-called kingpins and scapegoats named but not necessarily shamed. A...

Denel “discussing” court-ordered salary payments with attorneys

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Denel is in discussions with attorneys representing staff over unpaid salary claims, according to Public Enterprises Minister Pravin Gordhan. Replying to a question from Economic...

More Denel asset auctions coming

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An auction of Sheriff-seized Denel assets in Centurion today (Friday, 15 July) is the first with more on the way as trade union Solidarity...

Denel assets to go under the hammer

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Further proof, if ever needed, of the abysmal plight of Denel employees comes on Friday when assets of the State-owned defence and technology conglomerate...

Denel board member remuneration revealed

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Denel has spent over R5 million in the past four years on its Board of Directors, the Department of Public Enterprises has revealed. Replying to...

Denel likened to a rotting carcass

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In yet another broadside at Denel and its sole shareholder – the South African government – Isaac Mashaba, a regular commentator on government’s achievements...

Denel back in court in July over unpaid salaries

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Denel will be back in court next month to face an application brought by trade union UASA in April to honour outstanding salaries. UASA was...

Saloojee back at Denel

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Former Denel Chief Executive Riaz Saloojee, summarily dismissed along with two other senior executives at the height of State Capture machinations at the defence...

Defence minister admits Badger IFV unlikely to happen

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The SA Army is unlikely to see any Badger infantry fighting vehicles (IFVs) supposed to be procured under the more than a decade old...

Public Enterprises ministerial team gives update on SOE turnaround plans

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Public Enterprises Minister Pravin Gordhan concentrated on, for want of a better word, the “majors” when it comes to non- and under-performing State-owned enterprises...

Denel again ordered to settle outstanding salaries

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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...

Defence budget also to blame for poor serviceability of SANDF equipment...

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

Denel presentation to Parliamentary committee “untruthful”

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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...

Status quo at Denel cannot continue, UASA tells Parliamentary committee

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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...

Armscor CEO in favour of DPE “intervention measures” for Denel

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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...

Exclusive: Restructuring a key component of bullish Denel’s turnaround strategy

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

Court wants to know exact amount owing to UASA Denel members

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

Union in Labour Court for claim on Denel money

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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 lays criminal charges against 21 alleged state capturers, including ex-Denel...

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

Legal intervention sees Denel staffers paid

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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...

UASA’s case against Denel postponed to September

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

UASA labour case against Denel back in court

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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...

Armscor tasked with IP commercialisation process

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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...

Further Denel asset attachments coming

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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 trying to circumvent challenges at Denel

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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...

Still no A-Darter missiles for the SAAF

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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...

Some Denel Dynamics staff to get full February salaries

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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 confirms access to medical benefit trust funding

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

Another Denel salaries court case

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