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Secretary of the commission, Prof Itumeleng Mosala, hands over Part Two of the Zondo Commission report to DG in The Presidency, Phindile Baleni
Part Two of Zondo report focuses on State Capture at Transnet and Denel
1st February 2022 By: Creamer Media Reporter

The second part of the three-part report of the Judicial Commission of Inquiry into Allegations of State Capture, also known as the Zondo Commission, was delivered to The Presidency at the Union... 


Solidarity attributes PetroSA retrenchments to mismanagement, poor political will
25th January 2022 By: Donna Slater

Trade union Solidarity claims that mismanagement and a lack of political will at South African national oil company PetroSA are the main reasons for a second retrenchment process instituted within... 


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Urgent solution needed
21st January 2022 By: Terence Creamer

A year can feel extremely long when events run away from you, but awfully short if one is trying to implement a turnaround. 2021 is a case in point. 


Busa CEO Cas Coovadia
Busa’s offer of resources to NPA may include private prosecutors
11th January 2022 By: Terence Creamer

Business Unity South Africa (Busa) has resolved to support the National Prosecuting Authority (NPA) with resources to enable it to “urgently prepare cases” against those identified in a recently... 


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TurboDirect SA
10th December 2021

Name of company and activity – TurboDirect SA is the largest original equipment (OEM) manufacturer and turbocharger importer, distributor and repairer in South Africa, holding genuine brand... 


Labour Court postpones deadline for Denel to comply with employee contractual obligations again
3rd December 2021 By: Simone Liedtke

Defence company Denel has again failed to comply with a Labour Court order, handed down on August 4, 2020, compelling the enterprise to honour all outstanding contractual obligations with Uasa... 


Debt servicing costs contribute huge chunk of medium-term expenditure
11th November 2021 By: Marleny Arnoldi

Government’s rising debt service costs, at about R1-trillion over 2022/23 to 2024/25, is crowding out spending on service delivery functions. Debt service costs will, on average, consume 21c of... 


Eskom power lines
No immediate Eskom debt solution, as Minister outlines ‘tough love’ stance on SOEs
11th November 2021 By: Terence Creamer

Finance Minister Enoch Godongwana offered no new insight in his maiden address to lawmakers into how government intended approaching the issue of Eskom’s R400-billion debt burden, which has been... 


Denel munitions plant safety questioned following explosion
2nd November 2021 By: News24Wire

Safety at the Rheinmetall Denel Munitions plant in Macassar, Somerset West, has been called into question after an explosion on the premises on Sunday night. Trade union UASA said it was "anxious... 


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Numsa loses ConCourt bid to force Parliament to halt liquidation of SA Express, Denel
20th October 2021 By: News24Wire

In a blow for the National Metalworkers Union of South Africa (Numsa), the Constitutional Court ruled on Wednesday that it cannot hear the union's application seeking to have Parliament decide... 


Inquiry into 2018 Rheinmetall Denel fatal incident to resume on October 19
18th October 2021 By: Schalk Burger

The Department of Employment and Labour's (DEL's) inquiry into the events that led to a fatal incident at Rheinmetall Denel Munition's facility in Macasser, in the Western Cape, in 2018, is set to... 


Trade union demands answers from Public Enterprises Minister regarding Denel
4th October 2021 By: Rebecca Campbell

Trade union UASA has demanded that Public Enterprises Minister Pravin Gordhan clarify issues regarding the nonpayment of employees at the State-owned Denel defence industrial group. It has done so... 


Denel formally launches noncore asset disposal process
4th October 2021 By: Rebecca Campbell

Financially-embattled State-owned defence industrial group Denel has finally initiated its long-trailed plan to dispose of what it considers to be ‘non-core’ assets. It has published a newspaper... 


State-owned defence group to pay trade union millions in salary arrears
17th September 2021 By: Rebecca Campbell

Trade union Solidarity announced on Friday that financially-embattled State-owned defence industrial group Denel had just paid it R4-million. The money is to cover the salary arrears of union... 


President Cyril Ramaphosa in a face mask as he prepares to answer questions during a hybrid sitting of Parliament on Friday
Ramaphosa hints at yet more reforms as he predicts ‘massive investment’ in wake of electricity amendment
3rd September 2021 By: Terence Creamer

President Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or... 


National Treasury director-general Dondo Mogajane
Mogajane warns of Budget cuts as expenditure pressures mount to some R105bn
25th August 2021 By: Terence Creamer

National Treasury director-general Dondo Mogajane is warning that major Budget cuts will be required to offset a range of expenditure pressures that had arisen as a result of recent government... 


Land Bank makes another loss, debt plan not yet finalised
24th August 2021 By: Reuters

South Africa's Land Bank made another loss in the year to the end of March and is yet to finalise a debt restructuring plan, the bank said on Tuesday. The state-owned agricultural bank, which... 


An image showing a sign at Denel's Lyttelton Campus
Repurposed Denel aims to mitigate drawbacks of turnaround plan
24th August 2021 By: Tasneem Bulbulia

Despite State-owned aerospace and military technology company Denel’s Turn Around Plan (TAP) having been approved in February 2019, the company said in a presentation to Parliament’s Standing... 


Regional insurgency, internal unrest highlights importance of a strong, well-resourced defence industry
19th August 2021 By: Schalk Burger

The role the South African National Defence Force (SANDF) has played and plays in ensuring the internal and external security of South Africa has again highlighted the importance and necessity of... 


An image of Denel's logo
Denel releases radical restructuring plan to make the business sustainable
11th August 2021 By: Rebecca Campbell

Financially-beleaguered State-owned defence industrial group Denel announced on Wednesday a radical reorganisation, in an attempt to turn the business around. The plan also implied a significant... 


Trade union disappointed that Labour Court case against Denel postponed again
26th July 2021 By: Rebecca Campbell

The Labour Court on Friday again postponed the case brought by trade union UASA against financially-embattled State-owned defence industrial group Denel. The case will now only be heard on December... 


Image of old train
PRASA New Rolling Stock Acquisition Programme, South Africa – update
9th July 2021 By: Sheila Barradas

Gibela is behind schedule in the delivery of the new trains to the Passenger Rail Agency of South Africa. 


Denel seeking to negotiate with Saab Grintek Defence over liquidation application
8th June 2021 By: Rebecca Campbell

Financially-embattled State-owned defence industrial group Denel issued, on Tuesday, a short statement regarding the threat of court action against it, aimed at forcing its liquidation. This action... 


Uasa reassures its members at Denel as group faces liquidation threat
7th June 2021 By: Rebecca Campbell

Trade union Uasa has assured its members who are employed by the State-owned defence industrial group Denel of its support for them, as the tale of the financially-beleaguered company took another... 


Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula
Defence Minister warns about crisis in local defence industry, especially Denel
4th June 2021 By: Rebecca Campbell

In her address to the National Assembly on Tuesday, introducing the debate for her 2021 budget vote, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula warned the assembled... 


NUM threatens legal action over nonpayment of Denel Land Systems employees' salaries
31st May 2021 By: Schalk Burger

Trade union the National Union of Mineworkers (NUM) says it strongly condemns the ongoing failure by State-owned defence equipment manufacturer Denel Land Systems to pay the salaries of workers. It... 


Union blasts government for paying Cubans while Denel employees aren’t paid
26th May 2021 By: Rebecca Campbell

The Uasa trade union has blasted the South African government for spending a significant sum of taxpayers’ money on employing Cuban ‘service providers’ over the last few years, instead of using it... 


Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula
Defence Minister warns Parliament about crisis in local defence industry, especially Denel
19th May 2021 By: Rebecca Campbell

In her address to the National Assembly on Tuesday, introducing the debate for her 2021 budget vote, Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula warned the assembled... 


Trade unions call for wider government support for Denel turnaround plan
12th May 2021 By: Rebecca Campbell

Trade unions Uasa (which no longer uses its original full name) and the Federation of Unions of South Africa (Fedusa), to which Uasa is affiliated, have urged the Department of Public Enterprises... 


Denel explosion: Health and safety procedures at plant in spotlight
5th May 2021 By: News24Wire

Health and safety procedures at Rheinmetall Denel Munition (RDM) have been called into question during the second day of the public inquiry into the 2018 explosion that rocked the plant in Macassar... 


Denel explosion: First witness takes stand as public inquiry into blast that killed 8 kicks off
4th May 2021 By: News24Wire

More questions than answers have surfaced surrounding the 2018 blast at the Rheinmetall Denel munitions plant in Somerset West in the Western Cape, which killed eight people. The first day of the... 


Trade union attacks Denel plan to cut retrenchment benefits
22nd April 2021 By: Rebecca Campbell

Trade union Uasa has demanded that financially-embattled State-owned defence industrial group Denel reconsider the changes the company plans to make to its retrenchment policy. “Policy changes... 


UASA disappointed at Denel’s employee benefit amendment
19th April 2021 By: Donna Slater

Trade union UASA says it is “bitterly disappointed” by State-owned defence company Denel’s policy change proposals concerning the benefits paid out to employees under certain circumstances. UASA... 


New patrol vessel for Navy launched in Cape Town
9th April 2021 By: Rebecca Campbell

Damen Shipyards Cape Town (DSCT), a subsidiary of the Netherlands-based Damen International Shipyards Group, recently launched the first (of three) Multimission Inshore Patrol Vessels (MMIPVs) for... 


Slight improvements in SOE audits are no reason to celebrate, new AG Tsakani Maluleke warns
31st March 2021 By: News24Wire

Auditor General Tsakani Maluleke said while there were marginal improvements in the audit outcomes of national and provincial government departments as well as their entities, the improvement were... 


Science, innovation dept invests R18.9m in nanosatellites
25th March 2021 By: Yvonne Silaule

The Department of Science and Innovation (DSI) has invested R18.9-million in the development of two nanosatellites that will  be used to improve maritime domain awareness in South Africa. The... 


Denel appoints Thandeka Sabela as acting CFO
24th March 2021 By: Reuters

South African state-owned defence company Denel has appointed Thandeka Sabela as acting CFO, the firm said on Tuesday. The firm's former CFO, Carmen le Grange, resigned earlier in March, extending... 


 SAA Technical management hoping to pay 50% of March salaries, leaked letter shows
SAA Technical management hoping to pay 50% of March salaries, leaked letter shows
19th March 2021 By: News24Wire

Management at SAA Technical is continuing with efforts to try to pay employees at least 50% of their salaries due for March, but at this stage, is still waiting for details of "anticipated funding"... 


Plan emerges for renewal of South Africa’s crucial space infrastructure
Plan emerges for renewal of South Africa’s crucial space infrastructure
19th March 2021 By: Rebecca Campbell

Almost unnoticed by most people on Earth, space technology and infrastructure has become essential for, and ubiquitous in, everyday life. It has become a major facilitator for national economic... 


Plan emerges for renewal of South Africa’s crucial space infrastructure
Plan emerges for renewal of South Africa’s crucial space infrastructure
19th March 2021 By: Rebecca Campbell

Almost unnoticed by most people on Earth, space technology and infrastructure has become essential for, and ubiquitous in, everyday life. It has become a major facilitator for national economic... 


We will get State-owned entities back into shape eventually, insists DPE
17th March 2021 By: News24Wire

Deputy Minister of Public Enterprises Phumulo Masualle told Parliament on Tuesday afternoon that despite ongoing troubles at state-owned entities (SOEs) and delays in already announced plans to get... 


Denel braces for more losses, denies 'trading recklessly'
10th March 2021 By: Reuters

South Africa's State weapons manufacturer Denel expects to make further losses in its current financial year, it said in a presentation on Wednesday as its acting chair denied the company was... 


SA rocket launches almost 18 km into the air – setting a new African record
10th March 2021 By: News24Wire

A hybrid sounding rocket developed by the University of KwaZulu-Natal (UKZN) has set a new altitude record by reaching 17.9 km into the earth’s atmosphere at twice the speed of sound. The launch,... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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