denel

  1. Hanno Labuschagne

    Denel still in deep trouble

    Denel still in deep trouble Denel, the state-owned aerospace and military technology company, is facing serious challenges, including severe liquidity and funding constraints. This was revealed in Denel’s annual report for the 2025 financial year, which provided an overview of the company’s...
  3. Hanno Labuschagne

    Denel went from R111 million profit to R1.9 billion loss

    Denel went from R111 million profit to R1.9 billion loss A former Denel employee stated that its collapse was entirely avoidable. However, destructive government policies ultimately led to the institution's demise. Denel is a state-owned South African aerospace and military technology...
  4. Hanno Labuschagne

    South Africa's arms manufacturer cannot keep its website online

    South Africa's arms manufacturer cannot keep its website online South Africa’s once proud state-owned arms manufacturer, Denel, which hasn’t published an annual report or financial statements in nearly five years, appears unable to keep its website online. Visiting Denel’s website in November...
  5. Hanno Labuschagne

    SANDF has no helicopter maintenance contract — while fighting in two wars

    SANDF has no helicopter maintenance contract — while fighting in two wars South Africa has deployed its troops into two wars without renewing a maintenance contract needed to keep its essential attack and transport helicopters flying. A so-called fixed-cost contract between state arms maker...
    • Hanno Labuschagne
    • Thread
    • democratic republic of congo denel department of defence helicopters mozambique south african national defence force (sandf) thandi modise
    • Replies: 36
    • Forum: News and Current Affairs
  6. Hanno Labuschagne

    Paramount Group sells first SA-made military aircraft since 1980s

    Paramount Group sells first SA-made military aircraft since 1980s The Paramount Group has produced and sold the first military aircraft made in South Africa since the 1980s when state-owned arms maker Denel SOC Ltd. unveiled the Rooivalk, or red falcon, attack helicopter. Africa’s biggest...
  7. Jan

    How can Eskom 2.0 succeed if government couldn't run Eskom 1.0, SAA, Denel, and Transnet?

    Ramaphosa's Eskom 2.0 plan — from a country that can't run SAA, Transnet, Denel, or Eskom 1.0 Energy expert Chris Yelland does not believe that forming a second power utility to compete with Eskom is a viable solution to the country's energy problems. In an interview with Business Day TV...
    • Jan
    • Thread
    • chris yelland cyril ramaphosa denel eskom gwede mantashe renewable energy solar power south african airways (saa) transnet wind power
    • Replies: 54
    • Forum: Eskom and Electricity: Load Shedding
  8. Jan

    Solidarity auctions off Denel vehicles and office furniture to pay members' salaries

    Denel disaster — Vehicles and office furniture auctioned off to pay salaries Trade union Solidarity held the first of several auctions aimed at recovering millions in outstanding salaries owed to Denel employees. The assets were seized earlier this year after the state-owned company failed to...
  9. Jan

    Denel informs staff they can't submit tax returns for 2022 yet

    Denel disaster Embattled stated arms manufacturer Denel has informed employees that their tax certificates are not ready for distribution. It has also failed to comply with a court order to pay employees, resulting in assets being seized for auction.
    • Jan
    • Thread
    • denel derek mans solidarity south african revenue service (sars) thandeka sabela zondo commission
    • Replies: 41
    • Forum: Broadband and IT News
  10. Jan

    Denel must pay outstanding salaries of R90 million or face asset seizure

    Denel ordered to pay R90 million in outstanding salaries — or else The Johannesburg Labour Court has ordered state-owned arms manufacturer Denel to pay R90 million in outstanding salaries to employees. That comes after Solidarity took Denel to court over overdue salaries and other payments...
    • Jan
    • Thread
    • denel dirk hermann guptas national union of metalworkers (numsa) solidarity
    • Replies: 18
    • Forum: News and Current Affairs
  11. Jan

    Tshwane cuts off Denel's power, gets paid immediately - but should have handled it better

    Struggling Denel's electricity cut off Embattled state-owned arms manufacturer Denel had another tough day at the office on Wednesday, after the electricity at one of its major facilities was cut off by the City of Tshwane. The cutoff took place at Denel's Lyttelton Campus in Centurion, which...
  12. Jan

    Another explosion at Denel munitions plant rocks Somerset

    Denel munitions factory explodes into fireball The Denel munitions plant in Macassar near Somerset West suffered its second explosion in three years on Sunday night. Rheinmetall Denel Munitions CEO Jan-Patrick Helmsen told New24 a fire at the facility following the explosion was contained and...
  13. Hanno Labuschagne

    Small victory for unpaid Denel employees - but over R600 million remains outstanding

    Small victory for unpaid Denel employees - but over R600 million remains outstanding Labour union Solidarity has received R4 million from state-owned arms manufacturer Denel to pay the outstanding salaries of its members at Denel Land Systems and Denel Dynamics. The payment comes after...
  14. Jan

    Denel executives suspended for corruption received full salaries while other staff weren't paid

    Denel execs suspended for corruption receive full salaries — but employees not paid Denel executives suspended for alleged corruption continue to receive full salaries while the company owes employees over R600 million. Appearing before Parliament’s standing committee on public accounts, Denel...
    • Jan
    • Thread
    • denel denel dynamics helgard cronjé solidarity william hlakoane
    • Replies: 16
    • Forum: Broadband and IT News
  15. Jan

    Denel asks for another bailout to execute its turnaround strategy

    Give us more money — Denel Denel said it needs significant cash injections to support current operations and implement a new operating model. The company released a statement yesterday promoting its new turnaround strategy to produce a “streamlined and refocused Denel”.
  16. Jan

    Major money problems at Denel

    Meltdown at Denel Denel is in a financial meltdown with debt of around R3.5 billion and cumulative losses of nearly R5 billion over the last few years. The once-proud arms manufacturer, with great products like the Rooivalk attack helicopter and the G6 self-propelled howitzer, has been gutted.
    • Jan
    • Thread
    • denel g6 howitzer helgard cronjé rooivalk solidarity
    • Replies: 42
    • Forum: Broadband and IT News
  17. Hanno Labuschagne

    Working for Denel – A struggle for survival

    Working for Denel – A struggle for survival Denel is in a death spiral. Its finances are a mess, its top management has left the company, and technical skills and valuable IP are walking out the front door. Denel executives recently told Parliament the company remains rooted in a liquidity...
  18. J

    Dirty money deals exposed

    Dirty money deals exposed The Zondo commission has heard how Denel declined to share information on its technical requirements for combat vehicles so other companies could bid for project Hoefyster. Armscor, the state weaponry enterprise had issued a tender to have 200 combat vehicles built...
  19. J

    How Denel could be saved

    How Denel could be saved Denel is in deep financial trouble. It has not been able to pay full salaries for months and it is rapidly losing skills to competing weapons manufacturers around the globe. The once-proud weapons company with world-leading technology and products has been gutted by...
  20. A

    Denel recruitment

    Does anyone know how apply to Denel? Is it a great place to work? Their company site requires you to submit your CV to HR but the email doesn't go through. I don't know of any recruitment agencies that deal with Denel. Or do you have to have a "contact" who works there to "organise" a...
  21. Kevin Lancaster

    SA working on electronic warfare programmes

    SA working on electronic warfare programmes Arms manufacturer Denel will work with GEW Technologies on future electronic warfare programmes for South Africa
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