As the Department of Public Enterprises has ceased to exist, state-owned defence conglomerate Denel is being moved into the Department of Defence (DoD), and over the next three years, R66.5 million of ...

The selling off of stakes in non-core assets is a key part of Denel’s turnaround strategy, but the divestment of Hensoldt and Rheinmetall Denel Munition (RDM) is no longer taking place. This emerged ...

Rheinmetall Denel Munitions (RDM) has become the focus of considerable controversy in South Africa, attracting the attention of political figures, investigative journalists, and human rights activists ...

“Denel can and should be managed by competent ... Independent Online, popularly known as IOL, is one of South Africa’s leading news and information websites bringing millions of readers ...

At a basic level, Denel manufactures armoured vehicles, air-to-air missiles and stand-off weapons. These are manufactured in South Africa and exported to richer and more advanced countries ...

“Denel can and should be managed by competent ... Independent Online, popularly known as IOL, is one of South Africa’s leading news and information websites bringing millions of readers ...

Another pressing issue raised by Motshekga was the financial strain caused by unfunded deployments, which have led to overspending. “We do find ourselves in many instances dealing with unfunded ...

Finance Minister Enoch Godongwana said the government spent R520 billion to bail out state-owned enterprises, and the money was taken from important sectors.