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Tag: denel,profit,loss,budget,financial,budget,bail-out

How much is enough?

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Denel is still short R1.7 billion of the R5.2 billion Treasury reluctantly promised the perennially loss-making state arsenal in 2006. The company this week went...

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Communicate don’t abrogate!

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The senior officer cadre of the SA National Defence Force (SANDF) communications component, officially the Directorate: Corporate Communication (DCC), employed a barely plausible excuse...