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... 

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... 

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... 

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,... 

Financially-beleaguered State-owned defence industrial group Denel has been granted yet another time extension to try and achieve compliance with the Labour Court order of August 4 last year, the... 

Trade union Solidarity has obtained a warrant of execution to seize R12.7-million worth of assets from State-owned defence group Denel. The union explained in a statement on March 4 that this... 

A series of recent resignations from the board of directors of South Africa's state-owned defence company Denel is linked to funding not being made available in the government's 2021 budget, a... 

South African State-owned defence company Denel said on Monday that CFO Carmen le Grange had resigned, extending a recent string of resignations that have deepened a crisis at the struggling firm.... 

State-owned defence company Denel said on Thursday that two board members, including chairwoman Monhla Hlahla, had resigned, days after it said several other board members had resigned. "The... 

The Land and Agricultural Development Bank of South Africa (Land Bank), which defaulted on its debt obligations on April 1, 2020, and is renegotiating it repayment terms, will receive R7-billion in... 

On Monday, embattled State-owned defence industrial group Denel reported, via the Johannesburg Stock Exchange’s SENS news service, that it had suffered a string of resignations from its board of... 

Parliament’s Select Committee on Public Enterprises and Communication has been briefed by Public Enterprises Deputy Minister Phumulo Masualle and Denel acting CEO Talib Sadik about the State-owned... 

Trade union Uasa has reacted strongly to two reported suicides by Denel workers earlier this week. The union described the news as “distressing and heart-wrenching”. It accused the State-owned... 

During the 2019/2020 financial year, exports accounted for 42% of State-owned defence industrial group Denel’s business, with Asia being the single biggest export market, taking 24%. Perhaps... 

South African State-owned defence industrial group Denel released its 2019/20 annual report on February 1. The period covered by the report did not include the very difficult months for the group... 

In his statement within the State-owned defence industrial group Denel’s 2019/2020 annual report, interim CEO Talib Sadik addressed the failure of the company to fully pay the salaries of its... 

During the 2019/2020 financial year, exports accounted for 42% of Denel’s business, with Asia being the single biggest export market, taking 24% of the South African State-owned defence industrial... 

South African State-owned defence industrial group Denel released its 2019/20 annual report on Monday. The period covered by the report does not include the very difficult months for the group that... 

Written by Dilley Naidoo, Co-Founder and CEO of Madala & Associates, which was established in 2010, a majority Level 1 BB – BEE Company. After spending decades across 5 continents observing,... 

South Africa may be forced to revise its tax increase targets as its budget shortfall is set to breach wartime levels for a second consecutive year. The budget deficit will reach 11% of gross... 

The National Union of Metalworkers of South Africa (Numsa) has attacked the Department of Public Enterprises (DPE) concerning its behaviour regarding maintenance and repair organisation South... 

Trade union Solidarity on Thursday expressed regret that the contempt of court case it had brought against State-owned defence industrial group Denel had been postponed until January 27. The court... 

The Solidarity trade union has announced that its members who are employees of State-owned defence industrial group Denel will stage a protest march at the group’s head office in Irene, Centurion,... 

South Africa's government has eased the terms of a R576-million bailout given to state defence company Denel for the financial year that ends in March 2021, officials told Reuters. Denel, which... 

Prefabricated building solutions company Global Africa thrives to be a partner of choice for the provision of temporary structures and life support solutions in remote locations – servicing the... 

South African Airways will get the R10.5-billion it has requested from government to fund its business rescue process. The monies will be made available from reductions from national departments... 

Finance Minister Tito Mboweni will have to find money to help the nation’s economy recover from its longest recession in three decades and bail out state companies in a budget that’s projected to... 

South Africa’s parliament said on Thursday it was concerned about the governance and financial challenges at state arms manufacturer Denel. In a statement, the portfolio committee on public... 

The Solidarity trade union has accused government Ministers of failing to support each other, as well as defence industrial group Denel, regarding the future of the financially-beleaguered... 

South African state arms firm Denel said on Wednesday it faced a funding gap of around R2.75-billion over the next five years for key capabilities. Denel, which makes military equipment for South... 

Aerospace systems company Paramount Aerospace Systems USA (PAS USA) reports that it will “significantly expand” its maintenance, repair and overhaul (MRO) services and training support for the... 

State-owned defence company Denel has asked for R3.8-billion in State financial support over the next three fiscal years, the National Treasury told Reuters on Friday. Denel, which makes military... 

Trade and Industrial Policy Strategies' (TIPS's) 'Tracker: The economy and the pandemic' highlights important trends in the Covid-19 pandemic in South Africa and how they affect the economy. Since... 

Appliance manufacturer Defy has been internationally recognised for its role in a project to provide innovative life-saving ventilators. The ventilators are designed and manufactured by South... 

EML was established in 2011 and has a national footprint in the petroleum industry. EML’s operations are to provide petroleum and re-fuelling services to local and international partners.  

South African State companies have requested billions of rand in funding from the government to help them weather the impact of the coronavirus crisis, a finance ministry presentation to parliament... 

Trade union Uasa has expressed the view that the recent downgrade of South African defence industrial group Denel by international ratings agency Fitch was “disappointing” but not surprising.... 

South Africa's state defence firm Denel made a R1.7-billion loss in the 2019/20 financial year, the ministry that oversees the company said on Wednesday. Denel, which makes equipment from armoured... 

Financially-embattled State-owned defence industrial group Denel announced on Monday that Talib Sadik had been appointed as its interim CEO. This is the second time that Sadik, a chartered... 

The Uasa trade union announced on Tuesday that it was instituting legal proceedings against financially-beleaguered State-owned defence industrial group Denel for contempt of court. This followed... 

In a press statement released on Friday, financially-embattled State-owned defence industrial group Denel reported that it was trying to get an extension to the court-ordered deadline for it to pay... 

Financially-beleaguered State-owned defence industrial group Denel has confirmed that it has received the judgment against it by the Labour Court, handed down on Tuesday. The case had been...