President Cyril Ramaphosa unveiled a new investment target of R2-trillion for the five-year period to 2028 at the fifth edition of the South African Investment Conference on Thursday, where he also... 

The messages around the future governance of South Africa’s large and seriously underperforming State-owned Enterprises (SOEs) are incredibly mixed. On the one extreme is the message that these... 

The Joint Standing Committee on Defence has called on State-owned Denel to meet with the South African National Defence Force (SANDF) command to thrash out concerns raised about the ability of the... 

President Cyril Ramaphosa has confirmed that the position of Public Enterprises Minister and the Department of Public Enterprises (DPE) will “cease to exist” once a new holding company for... 

Parliament’s Joint Standing Committee on Defence reported on Friday its concerns about the maintenance of the South African National Defence Force’s (SANDF’s) prime mission equipment (PME). In a... 

As State-owned entities (SOEs) continue to rely on government bailouts and dominate the guarantee portfolio of the fiscus, Finance Minister Enoch Godongwana has announced conditional in-year... 

The Portfolio Committee on Public Enterprises has welcomed the proposal to declare the ongoing loadshedding a state of national disaster to assist State-owned utility Eskom to manage the energy... 

This week we profile Sereme Maphaka, CEO of Methano Group, an engineering, procurement, construction and management company that is active in the mining, water, renewable energy, and industry sectors 

German industrial group Rheinmetall plans to build its first South African plant to produce photovoltaic (PV) panels for the power-deprived local market, a company executive told Reuters on... 

National Treasury acting director-general Ismail Momoniat said the medium-term budget made allocations to struggling parastatals to supplement infrastructure investment for growth, warning some... 

State-owned defence industrial group Denel has given the assurance that it would use the funding granted to it by National Treasury, under the medium-term budget policy statement (MTBPS) released... 

On Wednesday, Finance Minister Enoch Godongwana was asked to describe the Medium-term Budget Policy Statement, and he responded with one word: "positive". Economists mostly agreed. They welcomed... 

Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget.... 

Eskom will not finalise its annual financial statements by the statutory deadline of 30 September due to "significant key matters" that will take some time to close out with auditors, Public... 

Integrated technology company Rheinmetall launched its newly designed and pilot-phase mobile green hydrogen production and storage platform at the Africa Aerospace and Defence Expo on September... 

cash-strapped state defence firm Denel will need around R3-billion to cover a funding gap for a restructuring plan it is aiming to execute over the next 12 to 18 months, company executives told... 

South African State-owned defence industrial group Denel would use the Africa Aerospace and Defence (AAD) Exhibition 2022 to, in effect, relaunch itself, the company indicated in a statement on... 

A Proudly South African green hydrogen mobile solution, which is scheduled to be launched at the African Aerospace and Defence Exhibition (AAD) next month, ticks all the local boxes by making use... 

Two non-operational aircraft were affected by the veld fire at Bonaero Park near OR Tambo International Airport on Monday afternoon. According to spokesperson Samukelo Khambule, the planes were... 

State-owned defence group Denel has appointed Michael Kgobe, current divisional CE of Denel Aeronautics, as interim group CEO, effective September 1. This is subsequent to William Hlakoane’s... 

State-owned defence company Denel has announced it will institutionalise and implement a new turnaround plan to effect a self-sustaining business. The plan is particularly focused on streamlining... 

State-owned defence company Denel has announced it will institutionalise and implement a new turnaround plan to effect a self-sustaining business. The plan is particularly focused on streamlining... 

State-owned defence company Denel has paid overdue salaries of about R300-million to trade union Solidarity members and other employees, and has reached a settlement with Solidarity on the... 

Multinational tech enterprise Rheinmetall has set itself the goal of attaining carbon neutrality by 2035 and the group’s South African subsidiary Rheinmetall Denel Munition (RDM) has taken the... 

Trade union Solidarity will hold the first of several auctions of State-owned defence company Denel’s assets on July 15. Solidarity seized these assets earlier this year owing to Denel’s failure to... 

Gibela unveiled the one-hundredth X’trapolis Mega commuter train it is building for the Passenger Rail Agency of South Africa on July 4. 

Trade union Uasa reports that the Labour Court has rejected State-owned defence company Denel’s technical points aimed at further delaying payments to Uasa members, in their dispute over delayed... 

Former Denel group CEO Riaz Saloojee has returned to the state-owned defence technology company after he was forced out during the state capture period. Saloojee was one of three Denel executives... 

The Department of Public Enterprises on May 12 outlined its Strategic Plan 2020 to 2050 and Annual Performance Plan for 2022/23, and presented this to the Portfolio Committee during a virtual... 

The Portfolio Committee on Defence and Military Veterans this week visited the facilities of State-owned Armscor and Denel as part of an oversight programme and urged the entities to explore new... 

Trade union Uasa has brought an urgent Labour Court application against State-owned defence group Denel to order it to honour all outstanding contractual obligations and effect payment of Uasa... 

Trade union Solidarity has said it will lay charges of corruption, theft, fraud and mismanagement of State funds against 19 alleged State capturers, including former president Jacob Zuma, at the... 

The UASA trade union has expressed disappointment that the Labour Court, in a ruling handed down on Wednesday, had effectively given financially-beleaguered State-owned defence industrial group... 

The Solidarity trade union announced on Wednesday that it had submitted warrants of execution, worth some R90-million, against State-owned defence industrial group Denel, to the sheriff of the... 

I was fortunate enough to watch Rob Hersov speak at the BizNews Investment Conference. Hersov is not short of a few bob and is a leading investor in the revamp of Fisantekraal Airfield, in Cape... 

To the outside observer, the recent debate on the importance of the private sector in creating employment must have come across as almost surreal given South Africa’s economic predicament and the... 

Finance Minister Enoch Godongwana has reiterated his commitment to clamp down on State-owned entities (SOEs) that are draining the fiscus with bailouts. Delivering his Budget 2022 speech on... 

The Solidarity Trade Union has announced that it will pursue criminal charges against those responsible for theft and mismanagement at the country’s State-owned entities (SOEs). It did so in a... 

The South African National Space Agency (Sansa) has changed its business model and culture and is overhauling, revising and aligning about 70 of its policies and systems to cater for growth in the... 

South Africa’s largest lender to farmers is seeking to exit default on its debt by the end of March, potentially marking the end of a two-year saga that’s raised concern other indebted State... 

The JSE has suspended South African State-owned defence company Denel's bonds after it failed to submit financial results within the required timeframe. The suspension means investors cannot trade... 

The Guptas and their associate Salim Essa used a supplier VR Laser Services as a "vehicle" to capture state defence technology company Denel, the State Capture Commission has found. The commission,...