Tag: Denel

Denel has over a dozen product and support contracts with the South African National Defence Force (SANDF) but these are under threat from the...

Denel is technically insolvent and owes staff R636 million and suppliers R900 million, the embattled state-owned company has told Parliament’s Standing Committee on Public...

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 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...

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...

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

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...

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

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

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...