Denel
If Denel collapses, so will SA’s defence industry - warns Parly’s Cyril Xaba
Members like Cyril Xaba painted a bleak picture of the state of Denel and how this could affect other companies in the sector.
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Denel critical for SANDF to meet mandate, needs funding to restructure, MPs told
Denel is in dire financial straits and has been unable to pay full salaries, triggering an exodus of skilled staff members and litigation aimed at liquidating the state company.
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DPE: New operating model for cash-strapped Denel agreed to
The department has told Parliament’s public enterprises portfolio committee on Wednesday that implementing the new business model will require funding.
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Zondo hears details of how VR Laser was awarded Denel contract
State capture commission investigator Clearence Benjamin said that Salim Essa and Iqbal Sharma's company, Elgasolve, owned 74.9% of VR Laser, the Gupta company that was awarded an irregular contract at Denel even though its initial bid was R100 million higher than a Denel subsidiary.
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WATCH LIVE: Anoj Singh, Lynne Brown return to Zondo Inquiry
The state capture inquiry will on Thursday hear Eskom-related evidence from former CFO, Anoj Singh, while former Public Enterprises Minister Lynne Brown is expected to give evidence related to Denel.
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Ex-Denel board chair Mantsha admits Guptas flew him around the world
The Zondo Commission has heard how the state arms manufacturer signed an irregular contract with Gupta-owned VR Laser.
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Ex-Denel CEO Saloojee begged not to be fired, Zondo Inquiry hears
Riaz Saloojee is accused of roping in Gupta associate, Salim Essa, to award a contract to a company, VR Laser, owned by the family.
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WATCH LIVE: Former Denel board chair Daniel Mantsha testifies at Zondo Inquiry
The state capture commission is hearing Denel-related testimony from the former board chairperson Daniel Mantsha on Friday.
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MPs flay Denel for supplying weapons in Yemen conflict
Scopa member Sakhumzi Somyo has also questioned Denel on how much it made from Yemen arms sales.
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Irregular Denel tender more like a ‘gentlemen’s agreement’ - SIU tells MPs
The tender involved hacking into the state arms company's IT system to test its vulnerability.
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Scopa to grill struggling SOEs over 'grim' audit outcomes
Eskom, Transnet, the SABC all got qualified audit opinions. Even worse, disclaimers were issued for Denel and Prasa.
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AG Maluleke paints grim picture of the state of key SOEs
Parliament's standing committee on public accounts (Scopa) was briefed on the latest audit outcomes for the Development Bank of Southern Africa, Denel, Prasa, Eskom, Transnet and the SABC during a marathon session on Wednesday.
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Ex-Denel CEO denies he instructed executives to work with Gupta associate Essa
Riaz Saloojee on Thursday said he did not question the approval of the VR Laser contract even though the Guptas were already controversial.
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WATCH LIVE: Zondo inquiry to hear evidence relating to Denel
Last month, the state capture commission heard evidence from former procurement executive Celia Malahlela how the state-owned arms manufacturer was looted.
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WATCH LIVE: Zondo Commission hears evidence related to Denel
The Zondo Commission is hearing Denel related testimony from former chief financial officer of Denel Land Systems, Pieter Knoetze as well as Sipho Mkwanazi and Mr Fikile Mhlontlo.
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Ex-Denel exec Mlambo 'didn’t understand' how Gupta company was awarded contract
Mlambo has testified at the state capture commission about the company that other officials raised alarm about when it was awarded a 10-year contract beyond the maximum three years that Denel had set as policy.
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Former Denel exec says her advice on deal with Gupta-owned VR Laser was ignored
Celia Malahlela read an email at the state capture commission on Tuesday, which she wrote to Denel Land Systems CEO Stephan Burger, who she said ignored her advice to follow proper procedures to award a 10-year contract to Gupta-owned VR Laser.
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SOEs in dire situation, Public Enterprises Dept tells MPs
The department has briefed Parliament on the performance of SOEs like Transnet, Denel, South African Airways (SAA) and Eskom.
