Brown: Most parastatal CEOs didn't get bonuses

2015-01-04 20:15

Public Enterprises Minister Lynne Brown says most chief executives of key state-owned enterprises have not received performance bonuses.

Successful strategy leads to Denel turnaround

2014-10-29 13:09

State-owned arms manufacturer Denel has made a huge turnaround, returning to profit over the last four years thanks to its turnaround strategy.

Guptas, Duduzane Zuma in line for Denel billions

2014-08-31 12:30

Rajesh “Tony” Gupta and Duduzane Zuma stand to benefit from a multiyear infantry combat vehicle contract with Denel worth billions.

SA Military to get 17 ambulances

2014-08-06 16:00

The SA Military Health Service will soon receive 17 truck-mounted ambulances.

Denel gets multi-billion rand contract

2013-09-30 19:22

Armscor has awarded a contract to Denel for the production of military vehicles, that will benefit local suppliers and is expected to create about 2 000 jobs.

Obsolete aircraft, arms sold - minister

2013-08-19 12:50

The defence department has sold off three more of its Atlas Cheetah fighter jets this year, according to Defence Minister Nosiviwe Mapisa-Nqakula.

Denel shifts growth focus to Africa

2013-07-22 13:47

Africa is a good platform for arms maker Denel to leverage its power to become a leading player in the global space, says Public Enterprise Minister Malusi Gigaba.

Names of SA victims in Somalia released

2013-06-20 10:18

Denel has released the names of two of three employees who were killed after an attack on a United Nations facility in Somalia.

Denel workers killed in Somalia

2013-06-19 15:41

South African state weapons firm Denel said two of its staff have been killed in an attack on the United Nations compound in the Somali capital of Mogadishu.

Squabble over Gadaffi loot in SA

2013-06-16 17:41

Two Libyan factions are claiming rights over the former ruler’s treasures recovered in South Africa and one promised to buy arms worth R8bn with the loot.

Most rhino killed in Kruger

2013-05-30 15:58

The number of rhino poached since the beginning of the year has reached 367, the environmental affairs department says.

Denel seeking young blood

2013-05-06 19:47

Denel is trying to attract bright students and graduates to a career in the defence and security sectors, the company says.

Gordhan warns unprofitable parastatals

2013-02-27 18:05

Finance Minister Pravin Gordhan raised the spectre of restructuring loss-making parastatals in his budget review, but ruled out privatisation.

Denel workers protest 'apartheid pay'

2013-01-25 16:57

Workers belonging to the metal union Numsa have embarked on a strike over a wage dispute with arms manufacturer Denel.

Denel job cuts must proceed - official

2013-01-23 17:30

The defence department says Denel has no option but to proceed with laying off 523 aircraft specialists because the contract with the ministry is irregular.

Retrenchment of Denel workers confirmed

2012-12-13 16:40

The possible retrenchment of 523 Denel aircraft specialists has been confirmed, trade union Solidarity says.

Union: Minister must intervene at Denel

2012-12-04 19:14

The defence minister must intervene to save the future of aircraft specialists at Denel Aviation, trade union Solidarity says.

New Denel-Airbus agreement signed

2012-09-17 16:56

Arms manufacturer Denel Aerostructures and Airbus Military have signed a new agreement on aircraft components for the A400M military transport.

Court: Employ this white woman

2012-07-06 10:08

The Labour Court has ruled that Denel Dynamics should appoint a white woman in a permanent position.

SA contacting Sudan over detained man

2012-04-30 14:22

The South African embassy in Sudan has requested consular access to a South African landmine clearer detained there.

Commission phase of defence system starts

2012-03-22 11:37

The commission phase of the SA Army's new ground-based air defence system is starting, defence manufacturing group Denel says.

Gigaba wants super-ministry

2012-01-29 15:43

Public Enterprises Minister Malusi Gigaba wants all parastatals to be brought under his department to drive economic growth.

Gigaba: SOEs to prefer black accountants

2011-08-15 12:23

State-owned enterprises are to institute changes that would benefit black accounting firms, says Public Enterprises Minister Malusi Gigaba.

Gigaba: Investors keen on Transnet debt

2011-07-12 15:43

Foreign investor appetite for Transnet debt is huge, says Public Enterprises Minister Malusi Gigaba after a London roadshow.

Armscor still after R3bn from Airbus

2011-06-30 15:07

Parastatal Armscor says it is trying to secure an undertaking from Airbus for a reimbursement after an order for eight A400 military planes was cancelled.


Denel launches maritime division

2014-12-01 16:44

Denel says its new maritime division will strengthen the state-owned arms manufacturer's transition as a high-technology powerhouse.

Rheinmetall Denel signs teaming agreement

2014-09-22 17:49

SA-based Rheinmetall Denel Munition has strengthened its partnerships with the signing of a teaming agreement at the African Aerospace and Defence Show.

Denel boosts net profit to R194m

2014-08-15 20:24

Denel has turned the corner on profitability after significantly improving net profit by 63% and its revenue by 17% to R4.58bn on the back of a turnaround strategy.

Denel lands R260m deal

2014-07-02 14:59

Denel Aerostructures has been awarded a multi-million rand deal to make parts for an international military airbus, the company says.

Denel space unit inducted into the IAF

2013-09-23 11:01

Denel's new space engineering unit Spaceteq has been inducted into the International Astronautical Federation (IAF).

Over 40 000 jobs for youth

2013-07-30 11:37

There are over 40 000 job opportunities for young people in South Africa's maritime industry, Public Enterprises Deputy Minister Bulelani Magwanishe says.

Last of kidnapped Denel workers freed

2013-07-13 18:00

Defence group Denel has confirmed that the last nine of 12 of its staff kidnapped in Guinea-Bissau two months ago have been freed.

Al-Qaeda attacks UN base in Somalia

2013-06-19 17:00

Al-Qaeda linked fighters have attacked a UN compound in Somalia, leaving 3 foreigners believed dead.

Eskom wins corporate governance award

2013-06-19 08:35

The audit firm Nkonki honoured state owned companies for achievements in integrated reporting - including financial performance and stakeholder relationships.

Denel moves to be more sustainable

2013-06-05 15:09

Denel who brought in excess of R1.7bn into the South African economy says it is diversifying its services to reduce its dependency on government funding.

Kidnapped Denel workers unharmed

2013-05-29 17:20

Denel has welcomed the release of three out of 12 employees kidnapped early in May in Senegal and says they are in good spirits.

Denel boosts new aircraft facility

2013-03-26 19:38

Denel says it is unveiling a new maintenance and service facility in Johannesburg for hundreds of Russian helicopters operating in sub-Saharan Africa.

Denel seeks end to Numsa strike

2013-02-01 18:01

Denel is seeking to defuse a strike by members of the National Union of Metalworkers of SA, the company says.

SAAF hides behind contract, says Denel

2013-01-24 16:34

The SA Air Force is using an auditor general report on its contract with Denel Aviation as a smokescreen to end the contract, trade union Solidarity says.

Denel retrenchments to cost R170m

2013-01-21 16:15

Fedusa has urged the defence minister to stop the retrenchment of over 530 aircraft specialists at Denel that will roughly cost R170m in severance packages.

Union: 500 Denel workers to be sacked

2012-12-10 16:53

A total of 523 Denel workers are to be laid off, a claim the company denies, trade union Solidarity says.

SA's best run parastatals named

2012-10-11 11:33

Arms manufacturer Denel is the best governed state-owned enterprise, the Centre for Corporate Governance says.

Gigaba: Denel on recovery path

2012-07-19 17:48

State-owned arms manufacturer Denel's revenue-generating ability is improving, says Public Enterprises Minister Malusi Gigaba.

Denel: No orders for Rooivalk

2012-05-17 08:39

State weapons company Denel has not managed to secure any foreign orders for its Rooivalk helicopter, the parastatal's chairman Zoli Kunene says.

Mechem working to free captured SA man

2012-04-29 22:45

Denel Mechem says it is working closely with international and Sudanese authorities to ensure the safe release of two of its employees, one of them a South African.

Denel commissions army's defence system

2012-03-22 10:43

Denel says it has started the commissioning phase of the army's new ground-based air defence system.

Denel appoints new CEO

2011-11-30 11:33

State-owned arms company Denel has appointed a new group CEO, Public Enterprises Minister Malusi Gigaba says.

Denel targets R44bn in orders

2011-07-19 10:45

Defence products manufacturer Denel, which has made a profit for the first time in a decade, says it is pursuing contracts worth R44bn.

Denel profit puts it back in the black

2011-07-06 15:50

State arms maker Denel has made its first profit since 2001 and generated cash from its operations in the past financial year.

Denel welcomes new chairperson

2011-06-17 14:18

Denel says its new chairperson Zoli Kunene has a deep understanding of the international and local defence and aerospace industry.

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