Suspended Denel Group CFO axed with immediate effect

2018-11-09 17:22

Denel has axed former Group CFO Odwa Mhlwana with immediate effect, the arms manufactuerer said on Friday.

Gordhan flags VR Laser targeting of Denel in state capture affidavit

2018-11-05 22:05

Minister of Public Enterprises Pravin Gordhan did not mince his words when defending himself against what he called public attacks on him from Mantsha.

Eskom turnaround plan expected within days - Mboweni

2018-10-24 14:28

Government will have a new turnaround strategy from the board of Eskom within days, says Finance Minister Tito Mboweni.

Denel 'under pressure' to sell stake to Saudis - reports

2018-10-19 11:36

Reports say that Denel board members are unhappy about being pressured to sell a stake in the arms manufacturer to Saudi Arabia, without due process being followed.

Gordhan highlights beleaguered Bain's history of govt tenders

2018-10-08 21:41

Minister of Public Enterprises Pravin Gordhan says the Department of Public Enterprises and National Treasury awarded a tender of R12.1m to Bain for work to be done at state-owned airlines.

Gordhan tells Parliament Denel, SAA, SA Express will miss annual report deadline

2018-09-19 11:42

Public Enterprises Minister Pravin Gordhan has told Parliament that the annual reports for the three SOEs will not be ready on time, as the necessary paperwork is still outstanding.

Eskom, other SOEs still pose risk to SA - Moody's panel

2018-09-13 18:00

There have been changes at Eskom, Transnet and other SOEs, but not enough has been done to reduce the risk they pose to the economy, it emerged at ratings agency Moody's sub-Saharan Africa conference.

'We want to know what happened'- Numsa wants in on RDM munitions blast probe

2018-09-11 19:16

The Western Cape wing of the National Union of Metalworkers of SA wants a full inquiry into the blast that killed eight people at Rheinmetall Denel Munition.

'It's so painful' - loved ones wait for news as officials inspect Denel blast site

2018-09-04 15:08

As a crowd of people gathers to wait for news about loved ones, officials are preparing to examine the site of the explosion at the Rheinmetall Denel Munition depot, near Somerset West.

Gordhan: Fuel prices will rock SOEs

2018-09-03 14:01

Public Enterprises Minister Pravin Gordhan has said fuel price increases are significantly affecting operations and turnaround strategies at most state-owned enterprises.


Numsa cites Denel’s ‘critical role’ in defence, plans march to save jobs

2018-11-08 12:55

The trade union says it will reject attempts to privatise the state-owned arms manufacturer and will 'fight attempts to impose salary cuts on workers'.

Gordhan rejects Joburg mayor's claims he misled Parliament on Denel loan

2018-10-24 22:44

Minister of Public Enterprises Pravin Gordhan told Members of Parliament in a written reply to questions that the R290m loan which the Johannesburg Metropolitan Municipality paid to Denel was lawful.

Gordhan tells Parliament Joburg loan to Denel was lawful

2018-10-22 17:11

Minister of Public Enterprises Pravin Gordhan has told Members of Parliament in a written reply to questions that the R290m loan which the Johannesburg Metropolitan Municipality paid to Denel was lawful.

DA's Mazzone lays charges against SOE accounting bosses

2018-10-17 21:01

Public Enterprises Minister Pravin Gordhan has acknowledged to Parliament that some of these entities battled with timeous submissions of their financial statements.

Denel seeks equity partners to revive funds

2018-09-19 21:06

Denel is seeking equity partners along the lines of its relationship with Germany’s Rheinmetall Waffe Munition as the state arms maker seeks to recover from a liquidity crisis.

SATAWU members at Denel Aeronautics plan to down tools

2018-09-17 19:58

The South African Transport and Allied Workers’ Union claims it is set to down tools at Denel Aeronautics due to a deadlock in wage negotiations.

Rheinmetall Denel Munition reveals identities of colleagues who died in blast

2018-09-13 17:37

The identities of the 8 Rheinmetall Denel Munition employees, who died during a blast last week, have been revealed after permission was received from the families affected.

Ammunition testing resumes at deadly RDM blast site

2018-09-10 13:01

Ammunition testing at the Rheinmetall Denel Munition plant in Firgrove, east of Cape Town, has resumed for the first time since eight people were killed in an explosion.

'I'm waiting for him to come home' - wife of Denel munitions casualty

2018-09-03 21:27

For more than 20 years, Nico Samuels worked at the Rheinmetall Denel Munition Depot near Somerset West, walking to the facility early every morning from his home, less than 200 metres away. But he has reported for duty for the last time.

Investors upbeat about Eskom, despite financial woes - Gordhan

2018-08-16 08:55

Despite financial difficulties, investors are optimistic about Eskom, said Public Enterprise Minister Pravin Gordhan.

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