Mboweni warns of elevating 'state ownership to a religion'

2019-03-25 08:40

The finance minister says a discussion must begin on whether the government needs to retain control of all the assets it owns given the poor state of the national finances.

AS IT HAPPENED: Gupta family wanted to purchase LMT Holdings, #StateCaptureInquiry hears, As it happened

2019-03-20 15:30

The state capture inquiry continues with testimony from former group CEO of Denel, Riaz Saloojee.

Denel board, led by Daniel Mantsha, was 'ill-equipped, made poor decisions', state capture inquiry hears

2019-03-18 20:51

Public enterprises deputy director general Kgathatso Tlhakudi has told the Zondo commission of inquiry that a Denel board chaired by Daniel Mantsha drove the arms company's performance to the brink.

WATCH LIVE: Denel takes centre stage at state capture inquiry

The judicial commission of inquiry into allegations of state capture is expected to hear testimony relating to state-owned defence group Denel.

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5 state companies to watch in Budget 2019

2019-02-11 13:32

Treasury is likely to give an update on government's financial obligations to struggling state-owned enterprises, when it releases the Budget.

Gordhan denies plans to sell Denel stake to Saudi Arabia

2019-01-21 15:45

Minister of Public Enterprises Pravin Gordhan has said there are no plans to sell shares in the state-owned arms company to Saudi Arabia.

BMF to meet Denel over white CEO, before considering legal action

2019-01-15 08:01

The Black Management Forum says it will meet with state-owned arms manufacturer Denel before considering legal action over its concerns that a white male, Daniel du Toit, was recently appointed group CEO.

SAAB Medav's Danie du Toit appointed as new Denel boss

2018-12-20 16:54

Cabinet has approved the appointment of Daniel du Toit as the new group chief executive officer for state-owned arms manufacturer Denel.

Tighten the leash on regressing SOEs, says Auditor General

2018-11-21 15:55

Departments responsible for state-owned entities must strengthen their oversight, Auditor General Kimi Makwetu said as he announced regressing audit outcomes.

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.


State capture inquiry: 'I looked Tony Gupta in the eyes and said I don't take money' - ex Denel boss

2019-03-20 18:39

Former Denel group CEO Riaz Saloojee has told the judicial commission of inquiry into state capture that he was shocked when Tony Gupta allegedly attempted to offer him money.

WATCH LIVE | #StateCaptureInquiry: More Denel-related testimony

The judicial commission of inquiry into allegations of state capture is expected to continue to hear testimony related to state-owned defence group Denel.

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AS IT HAPPENED: Tlhakudi details how he was forced out of Denel, how others remained jobless - #StateCaptureInquiry

2019-03-18 16:00

The judicial commission of inquiry into state capture continues with testimony from deputy DG of Public Enterprises, Kgathatso Tlhakudi, related to Denel.

Denel showcases innovative products

2019-02-19 21:15

Denel is attending a global defence exhibition in Abu Dhabi to explore new growth opportunities for business in the Middle East and North African countries.

Ramaphosa gets a global Madiba moment, while SA ponders Denel's next step

2019-01-27 10:53

President Cyril Ramaphosa has finished off his first official state visit to India on a good note, celebrating and inviting 'real, ethically driven' Indian businesses to invest more in South Africa.

Appointments on merit the only way to save SA

2019-01-15 13:32

So now the Black Management Forum is trying to take action against Denel for appointing a white CEO?

Denel defends appointment of white male CEO as 'top candidate'

2019-01-14 14:17

New Denel CEO Daniel du Toit is the most suitable candidate for the job and was approved by Cabinet, the state-owned arms manufacturer has said.

Denel suffers over R1.7bn loss, expects more in future

2018-12-05 14:06

Denel expects its revenue to fall to 38% to just R4.9bn in the 2018-19 financial year.

8 things to know about Gordhan's first day at the state capture inquiry

2018-11-19 22:17

Denel, nuclear, hiring and firing all made an appearance in Public Enterprise Minister Pravin Gordhan's first day of testimony. Here is a roundup of eight key themes that emerged.

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'.

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