Tag: Lynne Brown
Public Enterprises Minister under fire – in and out of Parliament
Public Enterprises Minister Lynne Brown responsible for, among others, Denel, is under fire both inside and outside Parliament for her handling of...
Solidarity wants top Denel trio suspended ahead of board meeting
Ahead of Thursday's (February 22) Denel board meeting trade union Solidarity has called for the state-owned defence and technology group's senior management...
Denel owed R688 million to suppliers in November
State owned arms conglomerate owed R688 million to its suppliers by the beginning of November, according to Public Enterprises Minister Lynne Brown.
In...
Public Enterprises Minister denies contact with Guptas
Public Enterprises Minister Lynne Brown, whose portfolio includes the state-owned entities (SOEs) Denel and Eskom, told a Parliamentary enquiry into mismanagement of...
Brown meets Pakistan Defence Production Minister
Public Enterprises Minister Lynne Brown is in Pakistan drumming up business for the South African defence industry, particularly the Denel group.
She said...
Public Enterprises Minister in Pakistan to boost defence industrial co-operation
Public Enterprises Minister Lynne Brown will be in Pakistan from November 1 to 3 "exploring co-operation between Pakistani companies, its defence force...
Clean audit for Minister Brown’s Department of Public Enterprises
Minister Lynne Brown said she was "thrilled" to hear her Public Enterprises Department – custodian of State-owned enterprises and overseer of their...
Minister Brown says SOEs must be investigated
In what is arguably her first public statement on corruption since the sudden dismissal of the former Denel chief executive and two...
Denel facing liquidity challenges
Denel is facing liquidity challenges and is over-reliant on exports, according to Public Enterprises Minister Lynne Brown.
Speaking on 8 March in a...
Charges to be laid against Public Enterprises Minister over Denel Asia...
The Public Protector report "State of Capture" indicated Denel will only come under the microscope in the next phase of the investigation...
Denel defends establishment of Denel Asia
Denel defended its establishment of Denel Asia in conjunction with VR Laser in Parliament yesterday in a meeting that was not attended...
No word from Denel on apparent dismissal of chief executive
Natasha Mazzone, the opposition Democratic Alliance (DA) party shadow public enterprises minister, maintains the dismissal of suspended Denel chief executive Riaz Saloojee...
Investigation into Denel execs’ suspension due to conclude in June
Public Enterprises Minister Lynne Brown expects the investigation into the suspension of three senior Denel officials – chief executive Riaz Saloojee, chief...
Denel Asia could be unlawful
The joint venture involving Denel that has apparently given the politically connected Gupta family an in to particularly Far Eastern defence markets...
Denel top trio still on “special leave”, Minister not yet briefed...
Public Enterprises Minister Lynne Brown will be briefed by the Denel board "in the foreseeable future" on why it decided to suspend...
Minister still waiting for report on Denel top trio suspensions
Indications are Public Enterprises Minister Lynne Brown will finally receive a report on the reasons for placing a top trio of Denel...
Big contracts for Denel landward defence, but suppliers maintain they are...
The Public Enterprises Minister has given Denel a clean bill of health and the announcement of major multi-million Rand contracts adds further...
Minister maintains there is no problem with Denel cash reserves
Public Enterprises Minister Lynne Brown has denied the acquisition of BAE Systems Land Systems South Africa by Denel earlier this year exhausted...
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...
New Denel chairman was struck from the attorneys’ roll
The man appointed last week by Public Enterprises Minister Lynne Brown as chairman of Denel was struck off the attorneys' roll in...
Dismissed Armscor deputy chair is now a Denel director
One of the new Denel board members was relieved of her duties as Armscor deputy chair by the Minister of Defence in...
Denel showing a pleasing improvement in financial performance – Brown
Public Enterprises minister Lynne Brown says Denel's financial situation is pleasing, with an estimated R200 million in net profit after tax for...
