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Opinion: Denel is Dead, Long Live Denel Capabilities

Opinion: Denel is Dead, Long Live Denel Capabilities
defenceweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from defenceweb.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , South African , Clive Coetzee , Denel Mechem , James Kerr , Denel Aerostructures , Department Of Higher Education , Denel Technical Academy , African Air , Department Of Finance Treasury , Denel Industrial Properties , National Conventional Arms Control Committee , Department Of Public Enterprises , Department Of International Relations Cooperation , Aerospace Manufacturing Cluster , Department Of Defence Military Veterans Do , Denel Group , Defence Technology Cluster , Aerospace Defence Masterplan , Technical Aviation Academy , Aerospace Defence , Department Of Science , Defence Industry Skills Development Fund , Public Enterprises , Defence Masterplan , Competition Perspective ,

Slight improvement in SOE audits is 'nothing to celebrate'

MONEYWEB
app instead?
Slight improvement in SOE audits is ‘nothing to celebrate’
AG releases report into audit outcomes of national and provincial departments as well as the entities under their control.
00:01
Auditor-General says irregular expenditure accumulated over many years and not yet âdealt withâ stood at more than R262bn at year-end. Image: Moneyweb
Earlier this month, South African Airways’ (SAA’s) business rescue practitioners Siviwe Dongwana and Les Matuson told parliament’s Standing Committee on Public Accounts (Scopa) that the airlineâs 15-month-long business rescue process has been successful.
Dongwana and Matuson said the airline is now âsolvent and liquidâ following over a decade of loss-making and mismanagement. ....

South Africa , South African , Tsakani Maluleke , Les Matuson , Africa Prasa , Siviwe Dongwana , Denel Aerostructures , Passenger Rail Agency , Gas Corporation , African Broadcasting Corporation , African Airways , Necsa South African Nuclear Energy Corporation , Petrosa Petroleum Oil , Agricultural Bank , Standing Committee On Public Accounts Scopa , African Express Airways , South African Airway , Standing Committee , Public Accounts , Air Chefs , Auditor General Tsakani Maluleke , South African Express Airways , Petroleum Oil , South African Broadcasting Corporation , Denel Vehicle , South African Nuclear Energy Corporation ,

SIU looking at recovering some of the money paid by Denel to VR Laser Services

defenceWeb
Written by Guy Martin -
691
The Special Investigation Unit (SIU) is looking at recovering some of the funds paid by Denel to VR Laser Services following the irregular awarding of contracts to the company.
The SIU on 3 March gave a presentation to the Standing Committee on Public Accounts (SCOPA) on its investigation into Denel.
Denel’s relationship with steel cutting and armoured vehicle fabrication specialists VR Laser Services, and the subsequent establishment of Denel Asia with VR Laser, is one of the most controversial and damaging to Denel. “It was one of the Gupta companies that was involved in Denel at the time,” SIU lead investigator Zodwa Xesibe told SCOPA. ....

Denel Asia , Zodwa Xesibe , Madoda John Jiyane , Vr Laser Services , Denel Business Development Executive Zwelakhe Ntshepe , Standing Committee On Public Accounts , Special Investigation Unit , Standing Committee , Public Accounts , Ngidi Business Advisory , Denel Land Systems , Salim Essa , Denel Vehicle Systems , Group Supply Chief Executive , Denel Vehicle , டெனல் ஆசியா , வ் லேசர் சேவைகள் , நின்று குழு ஆன் பொது கணக்குகள் , சிறப்பு விசாரணை அலகு , நின்று குழு , பொது கணக்குகள் , டெனல் நில அமைப்புகள் , சலீம் கட்டுரை , டெனல் வாகனம் அமைப்புகள் , குழு விநியோகி தலைமை நிர்வாகி , டெனல் வாகனம் ,

Denel's employee numbers shrink 15% over the last year

defenceWeb
Written by Guy Martin -
1179
In a presentation to the Portfolio Committee on Public Enterprises today on its annual financial results for 2019/20, Denel revealed that it had lost nearly 500 employees over the last year.
The presentation by Interim Group CEO William Hlakoane showed Denelâs workforce shrinking â as of 1 April 2020, Denel employed 3 332 people but this had dropped to 2 837 by 31 January 2021 (2 617 permanent staff, 162 students and 58 contractors).
Between April 2020 and January 2021, 498 people left the company, including 73 managers, 99 engineers/project managers, and 249 technicians/artisans/operators.
Reasons given for leaving included better salary/benefits (60 people), better career opportunities (77), forced retrenchment (119), early retirement (28), retirement (59), and contract termination (61). ....

Saudi Arabia , South Africa , United States , William Hlakoane , Portfolio Committee On Public Enterprises , National Conventional Arms Control Committee , Royal Saudi Air Defence , Labour Court , Portfolio Committee , Public Enterprises , Interim Group , Denel Dynamics , Denel Aeronautics , Denel Vehicle , Term Expenditure Framework , Middle East , Latin America , South Asian , Projects Sapula , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , போர்ட்‌ஃபோலீயோ குழு ஆன் பொது நிறுவனங்கள் , தேசிய வழக்கமான ஆயுதங்கள் கட்டுப்பாடு குழு , அரச சவுதி அேக பாதுகாப்பு , தொழிலாளர் நீதிமன்றம் , போர்ட்‌ஃபோலீயோ குழு ,