Call for business rescue at Denel : vimarsana.com

Call for business rescue at Denel


defenceWeb
Written by defenceWeb -
Denel corporate office entrance.
Put Denel under business rescue is one proposal this week to find a way of bringing some stability to the beleaguered State-owned defence conglomerate with another a call for it to diversify to remain operational.
Both calls come from National Assembly members, one the chair of an oversight committee and the other an opposition party member of the same committee – the Portfolio Committee on Public Enterprises (PCPE). They come in the wake of disclosures this week of short and possible non-payment of salaries again at Denel divisions.
The diversification call was made by PCPE chair Khayalethu Magaxa and reported by SABC TV News.

Related Keywords

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