Denel's new board places CFO on special leave

2018-06-18 15:04

Arms manufacturer Denel has placed its group chief financial officer Odwa Mhlwana on special leave pending a disciplinary process into allegations of misconduct against him.

Supra must 'pay back' Denel money for son's bursary - DA

2018-06-17 14:03

The Democratic Alliance in the North West has welcomed the decision to investigate those responsible for awarding a R1m bursary to the son of the former premier, Supra Mahumapelo, as well as the allocation of a tender to his brother.

Denel owes City of Johannesburg R290m - Mashaba

2018-06-11 15:28

Johannesburg Mayor Herman Mashaba says the City’s funds have been placed at risk due to unsecured lending to state-owned Denel through Regiments Capital, a company with links to Gupta-family associates.

SOE board changes a blow to state capture – BLSA's Bonang Mohale

2018-05-24 21:23

Business and civil society have welcomed changes to the boards of state-owned entities announced by Public Enterprises Minister Pravin Gordhan.

Gordhan appoints Phakamani Hadebe Eskom CEO in sweeping SOE board changes

2018-05-24 09:28

Cabinet has approved a recommendation by Eskom's board to appoint Phakamani Hadebe as permanent CEO of Eskom.

Apology to Denel

2018-05-13 06:00

In our story last week, “Allegations fly as Blade is called to cut aviation tension”, we failed to properly capture Denel’s response after we approached it for comment following a lawyers’ letter sent to the company by former council members of the International Air Services Council.

Hold wrongdoers at Denel accountable - OUTA

2018-04-10 05:15

OUTA has welcomed Minister of Public Enterprises Pravin Gordhan’s replacement of the Denel board and the promise to "follow the money".

Gordhan appoints new Denel interim board

2018-04-09 15:48

The minister of public enterprises has announced the appointment of a new interim board for Denel, with businesswoman Monhla Hlahla as its new chair.

SA shipbuilding firm nets massive maritime contract

2018-02-27 16:41

South African shipbuilding firm Damen Shipyards Cape Town has received an order from Armscor for the construction of three Inshore Patrol Vessels estimated at R5bn.

We have never not paid salaries - Denel CEO

2018-01-31 06:43

Denel CEO Zwelakhe Ntshepe said that the state defence manufacturer managed to pay its employees in December, but liquidity remains a problem.


Best of City Press: Calls to charge Molefe and Gupta generals, Mahumapelo Jr’s R1m bursary, and even more Gupta collusion

2018-06-17 18:13

In case you missed it, these are some of the best-read stories from City Press on Sunday, 17 June.

Denel chief falls over bursary for Supra's son

2018-06-17 06:04

Denel's new board has confirmed that the parastatal’s bosses acted irregularly when they awarded a bursary to former North West premier Supra Mahumapelo’s son so he could become a pilot.

Why Ramaphosa should score an A for his first 100 days

2018-05-25 12:33

Ramaphosa is no saint and we should guard against deifying politicians. But let’s give credit it's due: He has dragged us from the gutter with a clear vision and willingness to do the right thing, writes Adriaan Basson.

Denel board gets three new members

2018-05-24 19:22

Public Enterprises Minister Pravin Gordhan has confirmed Denel's new board, which includes three new appointments.

Pravin Gordhan to announce board changes to SOEs

2018-05-24 06:07

Public Enterprises Minister Pravin Gordhan will announce new board appointments for state-owned enterprises in his portfolio.

R1m Denel bursary to Supra's son: Solidarity threatens action

2018-04-15 18:54

Solidarity has warned that it won’t hesitate to take action against any state owned enterprise squandering tax-payers money, following revelations that Denel paid a bursary of more than R1m to the son of North West premier Supra Mahumapelo.

To the rescue: Meet the new Denel board

2018-04-09 20:55

From former civil rights activists to experienced directors and even defence force veterans, Minister of Public Enterprises Pravin Gordhan dipped into a well of diverse experiences to put together a new interim Denel board.

#EskomInquiry: Gigaba defends board appointments

2018-03-15 17:47

Home Affairs Minister Malusi Gigaba told the Eskom inquiry that he had no crystal ball to tell which board members of SOEs would be caught up in allegations of state capture at the time their appointments were made.

Denel board next in line for reshuffle

2018-02-21 14:25

State arms manufacturer Denel’s board is the next state-owned company up for review, Finance Minister Malusi Gigaba has confirmed.

#GuptaLeaks: Meet the money launderers

2018-01-19 07:02

The Guptas used an international network of scrap metal dealers to launder hundreds of millions in kickbacks between China, India, UAE and SA. We introduce them.

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