South African Airways is one of a number of State-owned enterprises adding to spending pressures on government, Finance Minister Tito Mboweni reiterated on Wednesday. He pointed out that the... 

State-owned enterprises are increasingly relying on government guarantees to secure loans, but this reflects badly on government's debt and could result in credit downgrades, the Auditor-General of... 

South African state-owned enterprises (SOEs) are coming under tremendous pressure to do something to extricate themselves from their financial woes.  Any kind of bankruptcy event cannot be the... 

South African State-owned defence industrial group Denel recently released its annual report for the 2018/2019 financial year (FY). By just about every metric, the group’s position deteriorated... 

Denel is winding up its struggling Aerostructures aircraft parts business after receiving government approval, the state arms company said on Friday. Denel, a cornerstone of South Africa's... 

Prominent members of the Aeronautical Society of South Africa (AeSSA) have called for the capabilities and capacities of the South African Civil Aviation Authority (SACAA) to be strengthened, so... 

South African State-owned defence industrial group Denel announced on the Stock Exchange News Service on Friday that it had released its annual report for the 2018/19 financial year (FY). By just... 

The Denel Dynamics A-Darter infrared homing short-range air-to-air missile (AAM) has received its Type Certificate. This marks the end of the qualification and certification programme for the... 

Respected lawyer and entrepreneur Max Boqwana has said that lawyers’ actions in South Africa must be continuously informed by the values of our Constitution, especially its preamble setting out the... 

South Africa’s State-owned defence industrial group Denel recently delivered the 100th turret it has produced under an export contract from Malaysia. The turrets are being fitted to the Malaysian... 

South Africa’s State-owned defence industrial group Denel announced on Thursday that it was delivering the hundredth turret it has produced under an export contract from Malaysia. The turrets are... 

State-owned defence group Denel has appointed Carmen le Grange CFO. The group on Monday said the appointment of a seasoned chartered accountant as the CFO would strengthen its management team and... 

South Africa's struggling State-owned defence company Denel aims to begin disposing of equity stakes and exiting loss-making businesses within months as part of its turnaround strategy, it told a... 

In a written Parliamentary answer, Public Enterprises Minister Pravin Gordhan stated late last month that State-owned defence industrial group “Denel is constantly exploring economically viable new... 

State-owned Denel can see some R30-billion in deals over the next two years which should help it recover after struggling to pay salaries and relying on bailouts, the state arms firm said on... 

Months of delays in export approvals will hurt Rheinmetall Denel Munition's (RDM) turnover this year and could force the South African defence firm to halt production this month, its chief... 

State-owned arms maker Denel on Friday said the government’s decision to recapitalise the entity with R1.8-billion will contribute to its turnaround and help to create a sustainable asset for South... 

Denel, South Africa’s State-owned arms manufacturer, is tapping bond markets – and finding buyers for its debt – even after seeking emergency funding in the past two months to pay staff salaries.... 

In a written Parliamentary answer, Public Enterprises Minister Pravin Gordhan has stated that State-owned defence industrial group “Denel is constantly exploring economically viable new revenue... 

South Africa's High Court ordered state arms maker Denel to hand over millions in employees' tax payments to the government, union officials said – a case that has refocused attention on... 

Solidarity’s application to force State-owned Denel to pay over Unemployment Insurance Fund levies and taxes deducted from employees’ salaries to the relevant authorities will be heard in the... 

State-owned defence industrial group Denel has given the assurance that it would soon start legal actions to recover losses from fraud and misappropriation. These would be the result of several... 

South Africa's Denel is set to receive government cash in the third quarter of this year to aid its turnaround, the state defence company said on Friday, adding it saw potential to cut costs by a... 

State-owned defence industrial group Denel gave the assurance, on Wednesday, that it would soon start legal actions to recover losses from fraud and misappropriation. These would be the result of... 

The Solidarity trade union announced on Wednesday that it had served urgent court papers on State-owned defence industrial group Denel to force it to pay over taxes to the South African Revenue... 

The Solidarity NetWork will kick-off a comprehensive and lawful tax protest campaign this week, including a court application to place South African Airways (SAA) in business rescue, Solidarity... 

There was little sign of the promised ‘reform agenda’ in the recent Budget Vote speeches delivered by South Africa’s newly appointed Cabinet Ministers. In far too many instances, the speeches... 

Many South Africans might think that Treasury is being "reckless" with bail outs to state entities, said Treasury's Director General Dondo Mogajane. Mogajane was briefing the select committee on... 

Global diversified miner Anglo American has appointed nonexecutive director Nolitha Fakude as chairperson of Anglo American South Africa’s board, effective September 1. She succeeds Norman... 

Finance Minister Tito Mboweni is making good on his promise that cash-strapped State-owned companies receiving bailouts from government would be placed under curatorship, announcing on Tuesday that... 

Finance Minister Tito Mboweni has allocated an additional R26-billion to debt-ridden Eskom for 2019/20 and R33-billion for 2020/21 in a bid to help the utility meet its financial obligations.... 

Trade union Solidarity says Denel has informed employees that their July salaries might not be paid on time. “Not paying salaries on time is totally unacceptable and we condemn it. The implications... 

Trade union Solidarity reported on Thursday that pension funds for Denel workers had not been paid to the company’s pension fund, Denret. This information had been provided by Denret. The union... 

There is little doubt that the taxpayer will be left footing the bill for the problems experienced at power supplier Eskom, and probably so through higher electricity prices and increased taxes.... 

South Africa's State-owned enterprises need technical experts to make up three-quarters of their staff, whereas at the moment up to half were administrative support staff, Public Enterprises... 

Saudi Arabia's State defence company is continuing to hold commercial partnership talks with South Africa's Denel which said this month it would not sell a stake to the Saudi firm. Denel CE Danie... 

Following a further breakdown in trust between the management of State-owned defence company Denel and labour after this week’s announcement that the company had not paid over either workers’ or... 

The spokesperson for Public Enterprises Minister Pravin Gordhan, Adrian Lackay, has clarified to “Engineering News” that the lender who came to the assistance of beleaguered State-owned defence... 

Finance Minister Tito Mboweni on Thursday said he would allocate funding from the contingency reserve to shore up South African Airways, the South African Broadcasting Corporation and Denel but... 

Public Enterprises Minister Pravin Gordhan says a draft White Paper outlining government’s approach to the unbundling of State-owned power utility Eskom, as well as how its “unsustainable” debt... 

State arms company Denel has asked the government for a R2.8-billion cash injection to help it emerge from a financial crisis and secure lucrative export deals, its chief executive said. Denel, a... 

Trade union Solidarity on Friday said it had served state arms manufacturer Denel with a demand under section 165 of the Companies Act to take immediate legal action against those responsible for...