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SIU looking at recovering some of the money paid by Denel...

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The Special Investigation Unit (SIU) is looking at recovering some of the funds paid by Denel to VR Laser Services following the irregular awarding...

Denel fails to deliver on R230 million deal with Chad

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Denel has failed to deliver 40 Casspirs to the government of Chad after being handed a R100 million deposit two years ago for the...

Denel makes it to the State Capture Inquiry

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Justice Raymond Zondo's Commission of Inquiry into State Capture has received its first submission regarding alleged and apparent wrongdoing in the South...

VR Laser to be wound up soon

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Financially troubled armoured vehicle and steel fabrication company VR Laser is being wound up by business rescue practitioners and its assets will...

Denel exits Denel Asia joint venture

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Denel has announced that it has exited the controversial Denel Asia joint venture with VR Laser Asia, citing negative impact on its...

Denel continues to defend Asian venture

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Denel is adamant it has compiled with all the necessary regulations as far as the formation of its joint venture with a...

National Treasury maintains Denel Asia joint venture cannot be approved

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A proposed meeting, at which the ministers of Finance and Public Enterprises will discuss the thorny question of the Denel Asia joint...

Gupta’s armoured personnel carrier identified

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The armoured personnel carrier (APC) in the compound of the Gupta residence in Saxonwold has been identified as a version of the...

Denel going back to court for legal ruling on Denel Asia...

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State-owned defence industry conglomerate Denel has applied to the North Gauteng High Court for an order declaring it obtained approval to form...

Denel–Gupta links to be investigated in second phase of State Capture...

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Denel's links with the Gupta family are to be investigated in the second phase of the State Capture inquiry that the Public...

Denel defends establishment of Denel Asia

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Denel defended its establishment of Denel Asia in conjunction with VR Laser in Parliament yesterday in a meeting that was not attended...

Denel and National Treasury called to Parliamentary committee on Denel Asia...

The war of words between Denel and National Treasury as regards the state-owned defence industry conglomerate's planned entry into the Asian market...

Denel takes aim at National Treasury over Denel Asia joint venture

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State-owned defence industry conglomerate Denel has gone on the offensive against National Treasury saying any court action in connection with the Denel...

Denel Asia still being looked at

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While Denel maintains there was "nothing wrong" in setting up the joint venture between one of its subsidiaries and VR Laser to...

Denel rejects minority shareholders’ claims and will oppose business rescue application...

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Denel wishes to respond to the adverse reporting, which was carried by certain publications today. Denel categorically denies it is captured by the Gupta family. The...

Denel rejects minority shareholders’ claims and will oppose business rescue application...

The company rejects minority shareholders' claims, and will oppose business rescue application in relation to LMT Holdings.Denel wishes to respond to the adverse reporting,...

Denel denies LMT claims over Gupta influence

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State owned arms company Denel has "categorically" denied that it has been captured by the Gupta family, after LMT Holdings accused it...

LMT alleges Gupta influence in Badger contract

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The shareholders of LMT Holdings have accused Denel of diverting a major contract for the Badger infantry fighting vehicle to VR Laser...

Fired Denel chief executive speaks about Denel Asia for the first...

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While the apparently summarily dismissed Denel chief executive maintains his innocence regarding his involvement in a joint venture with a Gupta associated...

Denel sets out priorities to Parliament’s Public Enterprises committee

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The need to export its products to remain profitable has been cited by State-owned defence industry conglomerate Denel in a presentation this...

Denel board confirms suspended chief executive will not return

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The Denel board of directors, appointed by Public Enterprises Minister Lynne Brown last September, has broken its silence over issues apparently affecting...

Denel dismisses CEO while promoting Asian business

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Denel has reportedly dismissed CEO Riaz Saloojee after its new board suspended him and two others in September last year. It is...

Denel Asia not a done deal yet

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Denel's proposed venture to the Far East in conjunction with a Gupta aligned company is not a done deal. National Treasury is still...

Denel Asia could be unlawful

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The joint venture involving Denel that has apparently given the politically connected Gupta family an in to particularly Far Eastern defence markets...

Denel Asia established to expand business into Southeast Asia

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Denel is extending its footprint into the lucrative Asia-Pacific defence markets with the establishment of a joint venture company in Hong Kong. Denel Asia is...

Denel Asia established to expand business into Southeast Asia

Denel expands its reach into the Asia-Pacific defence market with the establishment of a joint venture company in Hong Kong.Denel is extending its footprint...

Denel partners with VR Laser to form Denel Asia

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State-owned defence industry conglomerate Denel is extending its footprint in the Asia/Pacific region with the establishment of a joint venture company in...

defenceWeb launching pioneering defence news app at AAD

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This year's edition of the Africa Aerospace and Defence (AAD) exhibition promises to be the biggest in the event's 14 year history,...

VR Laser showcases new factory

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VR Laser Services, specialising in steel plate processing and specialised fabrication, has officially showcased its new factory in Johannesburg, which was set...