Denel | Arms company to pay 45% of staff salaries

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Cash-strapped Denel says it can pay 45% towards November salaries after it received payments on submitted invoices.

Salaries are estimated to be at around R590m. Denel received a lifeline in the mini-budget last month when Finance Minister Enoch Godongwana announced it would be getting R2.9bn.

 

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Good day, kindly note that it’s only 1 division out of 6 that will be getting that 45% salary and the rest of us we will see to finish what to do. Denel Dynamics it the only division that will get that according to an infogram issued.

Imali incinci still no changes 45% it's not enough

Did t change the ceo in tbe last 5 yrs

Proudly brought to you anc bbeee aa

Who's going to pay the 55% left ? Clearly they want to milk government down these ones nhe 🤔 Denel was an operational organisation some yrs back n now it can't even afford the salaries ? If one pays for Denel what will stop us to take it to a LEVEL ya SAA 🤷

Can't believe that only a few years ago DENEL was manufacturing army tanks, military helicopters and other army equipment. Now I'm wondering, if they can't pay salaries, what business are they into these days?

It will take time to eradicate the effects of the 9 wasted years.

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 /  🏆 49. in JP

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