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Denel board exits linked to lack of budget funds, official says

Denel board exits linked to lack of budget funds, official says

By: Reuters     3rd March 2021 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... 

Government admits private sector may purchase Covid-19 vaccines

Government admits private sector may purchase Covid-19 vaccines

2nd March 2021 AfriForum and Solidarity today announced that the government has admitted under oath in its court documents that there is no legal restriction on... 

R7bn allocated for Land Bank recapitalisation

R7bn allocated for Land Bank recapitalisation

By: Tasneem Bulbulia     24th February 2021 The Land and Agricultural Development Bank of South Africa (Land Bank), which defaulted on its debt obligations on April 1, 2020, and is... 

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Denel appoints William Hlakoane as interim group chief executive

22nd February 2021 Denel has appointed Mr William Hlakoane as the acting Group Chief Executive Officer effective 22 February 2021. This is subsequent to Mr Talib... 

Select Committee On Public Enterprises Asks Denel For Detailed Report On Turnaround Strategy

Select Committee On Public Enterprises Asks Denel For Detailed Report On Turnaround Strategy

19th February 2021 The Select Committee on Public Enterprises and Communication heard that Denel is structurally and operationally inefficient, revenue generation and... 

Happening in Parliament this week

Happening in Parliament this week

15th February 2021 Joint Sittings to debate the President’s State of the Nation Address (SONA), public hearings on a civil aviation Bill, the review of the Women’s... 

Denel finally publishes its annual report for 2019/20; reports R1.96bn loss 

By: Rebecca Campbell     1st February 2021 South African State-owned defence industrial group Denel released its 2019/20 annual report on Monday. The period covered by the report does not... 

COSATU response to the ANC NEC’s 109th Anniversary message delivered by the President Ramaphosa

COSATU response to the ANC NEC’s 109th Anniversary message delivered by the President Ramaphosa

11th January 2021 The Congress of South African Trade Unions (COSATU) has noted and largely welcomes the ANC NEC’s 109th Anniversary message delivered by the... 

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