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Progress at Denel can be rewarded by access to National Treasury...

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The new man at the helm of the State-owned defence and technology conglomerate Denel - Tsepo Monaheng - knows there will be no additional...

Denel still financially distressed – Godongwana

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Finance Minister Enoch Godongwana singled out Denel, along with three other State-owned enterprises (SOEs), as being in poor financial health, with the Centurion-headquartered defence...

Government “strengthened” anti-corruption systems – Godongwana

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No less a personage than President Cyril Ramaphosa’s finance minister admits no system is “watertight” against corruption. This formed part of a written reply by...

FATF grey lists South Africa over money laundering and terrorism funding...

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The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, has grey listed South Africa because it deems the country’s...

Salaries still the biggest item in the defence budget

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Finance Minister Enoch Godongwana’s maiden budget tabled in the National Assembly on Wednesday revealed over 60% of the defence allocation goes to salaries, but...