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Positive earnings for Denel as turnaround kicks into high gear

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Denel has, for the first time in years, posted positive earnings, with R390 million before interest and tax (EBIT) for the year ending March...

Denel directors face subpoenas if SCOPA no-show is repeated

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The non-appearance of the Denel board at this week’s SCOPA (Standing Committee on Public Accounts) meeting was, in typical Parliamentary style, noted and re-scheduled...

New agreement brings Mbombe 4 production in Saudi Arabia a step...

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A memorandum of understanding (MoU) between Saudi companies Scopa and the National Company for Mechanical Systems (NCMS) has been signed for the production of...

More flak for De Lille’s Beit Bridge fence

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Public Works and Infrastructure Minister Patricia de Lille’s stated intent when announcing a multi-million Rand upgrade of fencing adjacent to the Beit Bridge port...

Denel “reckless trading” questions for Minister Gordhan

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Public Enterprises Minister Pravin Gordhan as the “shareholder” (government) representative for Denel will be on the receiving end of questions regarding reckless spending allegations...

Deviations in defence spending questioned

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The Standing Committee on Public Accounts (SCOPA) has expressed concern over deviations in spending by the Department of Defence amounting to over...

A peacekeeping fund for the SANDF?

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The Department of Defence (DoD) says it is in talks with the National Treasury to establish a "contingency budget for peace support"....

UK MoD loses track of equipment worth more than £6 billion

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The UK Ministry of Defence (UKMoD) is unable to locate radios worth £184 million, and cannot provide evidence of the existence and...

NPA no longer probing SDP

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The National Prosecuting Authority (NPA) is no longer investigating any cases of corruption related to the 1999 Strategic Defence Package (SDP) and...

Sisulu overseeing clean audit endeavour

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Defence minister Lindiwe Sisulu says she is personally overseeing efforts to rehabilitate the finances of her department after seven years of qualified...

Sisulu cannot boycott SCOPA: DA

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The opposition Democratic Alliance party says Minister of Defence and Military Veterans, Lindiwe Sisulu, is on flimsy constitutional ground in deciding to...

Sisulu demands apology from Scopa

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Minister of Defence and Military Veterans Lindiwe Sisulu wants an apology from the Standing Committee on Public Accounts (SCOPA) and says she...

Denel expects another bath

State arsenal Denel is expecting another loss for the financial year to 31 March 2010. Figures released at a Committee on Public...

Sisulu ready to engage Parliament on defence

Minister of Defence and Military Veterans Lindiwe Sisulu says she is ready to engage the National Assembly any time on her department....

Parliament questions acting SecDef’s competence

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African National Congress (ANC) Members of Parliament have savaged the acting Secretary for Defence (director general), Tsepe Motumi, effective accusing him of...