defenceWeb
Written by Justin Cronje -
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Special Vehicle Industries (SVI) Engineering, specialised manufacturer of armoured products, has recently released the ‘Troopy’, the latest variant of its MAX 3 armoured vehicle range following the double cab option.
The MAX 3 Troopy is designed as a multi-role armoured vehicle. Carrying up to eight people in hostile environments, the civilian version does not need National Conventional Arms Control Committee (NCACC) permits in order to be bought or operated. SVI says it has applications in mining, security, riot control, civil security, anti-poaching and convoy protection.
In its military configuration, the Troopy is designed to be transportable in a C-130 Hercules medium transport aircraft and is fitted with weapon mounts for .50 calibre pintle mounted guns and remote weapon systems. The vehicle can also be fitted with customer required equipment such as communication systems.
defenceWeb
Written by defenceWeb -
Programme director
Defence attaches and foreign military representatives
Members of the media
Ladies and gentlemen
Welcome to the inaugural Aerospace and Defence Masterplan webinar. The subject of the future of the aerospace and defence industry has seldom been more relevant as defence budget cuts and the precarious situation at Denel have wide-reaching consequences for the sector as a whole. On top of this, the COVID-19 pandemic has strained the industry further.
The need for a strong and healthy defence force is clear, especially as the coronavirus pandemic continues and an insurgency brews next door. As a possible third wave of the virus looms, the South African National Defence Force may once again be called in to assist with the state of national disaster, supporting the National Health Department, enforcing lockdown regulations, providing quarantine facilities, establishing roadblocks and testing and screening people.
we wrote about the role of Credit Suisse in the mega-looting in Mozambique. This week we turn our attention to the complicity of part Russian state-owned bank, VTB Capital.
In 2016, 14 donors and the International Monetary Fund (IMF) stopped all lending to Mozambique, plunging the country into an economic crisis. Mozambique’s currency plummeted in value by 70% and its annual GDP growth rate fell from 6.7% to 3.8%. All this stemmed from the country’s “secret tuna-bond” loans. These loans worth $2.2-billion (about R30-billion) were hidden from the IMF, Mozambique’s other lenders and donors, lawmakers and from the Mozambican public. With the help of corrupt, complicit and woefully inept bankers from Credit Suisse and VTB Capital, corrupt Mozambican politicians were able to orchestrate a mega-heist.