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Cash strapped Denel seeks R1.5-billion cash injection - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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State-owned arms manufacturer Denel says it needs a financial injection of about R1.5 billion for its operational projects and new programmes.

 

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SA appoints new CEO for troubled state arms firm Denel - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa appointed a new Chief Executive Officer to state-run arms firm Denel on Thursday, as government tries to turn around the cash-strapped company plagued by years of mismanagement after the previous CEO resigned in May. is he going to get bonuses too? I'm just asking because ke December Boss. Some just come to collect bonuses. Next February they will claim that they have made a mistake but he will never return the money. Mara sikujongile. More of the same corrupt Ramaphosa/Gordhan cronies to destroy Denel & then sell for a song to its WMC cronies
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