Tag: Elizabeth Africa
Denel has no cash reserves, cannot pay suppliers – claim
State-owned arms manufacturer Denel, until recently the poster boy for well-run state companies, cannot pay its suppliers after apparently exhausting its cash...
Top Denel trio on “special leave”
Three senior Denel executives, including chief executive Riaz Saloojee, have been suspended following a board meeting last Wednesday.
Chief financial officer Fikile Mhlontlo...