Oppenheimers' private OR Tambo terminal 'ready to go live'

2017-11-02 15:22

Fireblade Aviation has said that while its private international terminal at OR Tambo is ready to start operations, a commencement date has not yet been set.

New CEO, CFO for Denel

2017-10-26 15:07

The Department of Public Enterprises has confirmed the appointments of a new CEO and CFO at Denel as well as new CEOs for SAFCOL and Alexkor.

Unprofitable SOEs have become a ‘substantial’ risk on fiscus

2017-10-25 14:59

South Africa’s unprofitable state-owned entities have become a fiscal risk for government, according to the 2017 mini budget .

Denel defends audit after criticism in Parliament

2017-10-04 22:15

State-owned arms manufacturer Denel has hit back at claims that it tabled an incorrect annual report despite being told that the initial audit opinion had been amended.

OUTA guns for Denel chair in fresh legal bid

2017-09-01 20:00

Civil rights body OUTA has lodged complaints of fraud and corruption with police against Denel chairperson Dan Mantsha over his alleged involvement in state capture.

Eskom inquiry: Call for Zuma to face questioning

2017-07-25 17:52

MPs have called for the parliamentary inquiry into Eskom to be extended to Transnet and Denel, and for President Jacob Zuma to be among those questioned.

How Denel stand-off with Treasury started amid NeneGate

2017-06-15 07:51

Treasury has provided a detailed timeline of its correspondence with Denel regarding its Asia venture.

#GuptaLeaks: How the Guptas screwed Denel

2017-06-10 08:15

Leaked records from the heart of the Gupta business empire help solve the mystery behind Denel Asia, the controversial arms marketing partnership that national treasury has tried to block.

'Denel is not captured by anyone' - board chair

2017-05-24 18:46

Denel is fighting perceptions created by fake news, says its board chair Daniel Mantsha, insisting the company has not been captured by anyone, including the Gupta family.

MPs give Denel chair Mantsha a drubbing

2017-05-24 11:40

Denel board chairperson Dan Mantsha has received a longue-lashing from MPs for disrespecting the institution and not being forthcoming with information.


Oppenheimers can go ahead with private OR Tambo terminal

2017-10-30 18:45

A high court has ruled that Fireblade Aviation, owned by the Oppenheimer family, can go ahead with running a private international business terminal at OR Tambo International Airport.

Guarantees continue to weigh on budget

2017-10-25 15:49

Contingent liability, caused by guarantees for public institutions, independent power producers and public-private partnerships, continues to weigh on the budget.

No more Mr Nice Guy: Gigaba gets tough on state-owned entities

2017-10-25 14:22

Finance Minister Malusi Gigaba has drawn a line in the sand regarding government’s expectations of the executives and board members that are running the country’s state-owned companies into the ground.

Denel tables incorrect audit report

2017-10-04 12:14

The auditor general's office has asked auditing firm SizweNtsalubaGobodo to change its clean audit opinion on state arms manufacturer Denel, after irregular expenditure has come to light.

Denel cuts ties with Gupta-linked VR Laser

2017-08-25 15:07

Denel’s decision to cut ties with VR Laser sends a message of the commitment by state owned enterprises to good governance, says Finance Minister Malusi Gigaba.

Denel could land in hot water over links with tainted Chinese firm

2017-06-30 08:02

State-own defence technology company Denel could land itself in hot water pending a deal with a tainted Chinese conglomerate.

Brown: Corruption allegations at SOEs must be probed

2017-06-14 19:00

Allegations of corruption at some state-owned enterprises must be investigated appropriately where needed, says Minister of Public Enterprises Lynne Brown.

Gigaba maintains he opposes Denel-VR Laser deal

2017-05-26 19:51

Finance Minister Malusi Gigaba maintains that he is opposing Denel’s joint venture with VR Laser Asia because of the fragile state of the state arms manufacturer.

Gordhan leads the charge against Denel on Gupta links

2017-05-24 12:33

Former finance minister Pravin Gordhan has led the charge against another state-owned entity when he grilled Denel, demanding an honest answer about dealings with Gupta-linked VR Laser.

Court must dismiss Denel bid with costs, says Treasury

2017-05-16 19:10

National Treasury has asked a court to dismiss Denel's application in which it sought the court to force Treasury's hand to stamp its joint venture with Gupta-linked VR Lazer Asia.

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