25 April 2021 - 20:55Trade union Solidarity says multiple divisions of Denel are too cash-strapped to pay staff their April salaries, prompting the DA to call for the state arms manufacturer to be placed in business rescue before it collapses.
DA spokesperson on defence Michéle Clarke said the party wants a business rescue process free from “undue” influence by public enterprises minister Pravin Gordhan to avoid a flawed process such as the one playing out at SAA...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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