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South African arms company needs partners soon to survive, official says

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South Africa's defence industry is facing a crisis as the state-owned arms maker Denel struggles to survive, and rapidly agreeing equity partnerships is the only way to save it, one of the country's top defence officials told Reuters.

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Siener9 Disaster brought to you by the ANC.

VijayShadean It needs to be shut down, and its assets auctioned off. Including the Human and Intellectual Capital. Why should 'partners' carry the deadwood?

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