Denel, South Africa’s most important aerospace and defence company, has collapsed to a level where it is barely functioning.

Denel’s efforts to restructure its business and implement a comprehensive turnaround plan, have been given a boost following the recent decision by Fitch Ratings in London to affirm its long-term ...

From over 5 000 employees a decade ago, Denel is trying to make do with 1 600 today, but the loss of critical engineering and programme management ...

UASA interprets this statement, from a technical perspective, as Denel committing fraud by “withholding” of “stealing” the ...

South African state defence firm Denel said on Tuesday it could not pay salaries for May and wages for June and July were at risk, highlighting the gravity of its financial position. Adds quote, ...

Denel audit must reveal the full and unvarnished truth. 12 April 2026. The arms manufacturer Denel’s internal audit into corporate management issues at Denel PMP must, without e ...

Parliament's Portfolio Committee on Public Enterprises will be presented with Denel's Annual Report for the 2013-14 financial years. The state-owned global supplier of defence products and solutions ...

South Africa's struggling state defence firm Denel told trade unions on Friday that it cannot honour a court ruling that it should pay outstanding salaries by Friday, a letter from Denel's lawyers to ...

JOHANNESBURG, Aug 2 (Reuters) - South African defence company Denel expects to receive government support in the third quarter as ministers are satisfied with progress in its turnaround plan, the ...

THE standing committee on public accounts (Scopa) on Tuesday heard that the state arms manufacturer, Denel was unable to sell some of the non-core assets within its portfolio as part of the conditions ...

The High Court ordered Denel to pay a total of R4.3 million to a group of 14 former and current employees. The group is now trying to get the money from a Denel corporate account at RMB. In the ...

State-owned arms manufacturer Denel has settled all outstanding salaries, as well as PAYE tax and pension fund payments, after unlocking excess funds in the Denel Medical Benefit Trust. Denel ran into ...