Denel unlocks funds to pay staff salaries, records profit in 2023
Denel's acting CEO Mike Kgobe said they had managed to stabilise the work force by tapping into medical benefit trust funds that unlocked cash to pay salaries.
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Denel's acting CEO Mike Kgobe said they had managed to stabilise the work force by tapping into medical benefit trust funds that unlocked cash to pay salaries.
For the first time since 2016/17, arms manufacturer Denel has posted a profit before interest and tax of R390 million in the financial year ending March 31 2023.
The Special Investigating Unit is owed R986 million by the state institutions it has investigated
Brigadier Jap Burger, who investigated crime at Eskom, failed to pitch at a meeting of the Standing Committee on Public Accounts on Wednesday
The Standing Committee of Public Accounts (Scopa) was left fuming after a police investigator failed to show up for a meeting about Eskom.