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Denel "reckless trading" questions for Minister Gordhan

defenceWeb
Written by defenceWeb -
Signage at Denel s Irene campus.
Public Enterprises Minister Pravin Gordhan as the âshareholderâ (government) representative for Denel will be on the receiving end of questions regarding reckless spending allegations at the troubled defence and technology conglomerate.
This emerged after a Denel delegation, led by current acting board chair Gloria Serobe, this week denied the allegations when addressing Parliamentâs financial watchdog, its Standing Committee on Public Accounts (SCOPA).
âWe have challenges, but are not at the stage where Denel is trading recklessly,â Serobe, acting Denel board chair following the resignation of Monhla Hlahla last month, was reported as telling the Parliamentary oversight committee. Hlahlaâs departure was made public via a notice to the Johannesburg Stock Exchange (JSE) saying it was effective from 24 February. It is not known yet whether Hlahla remains a member of ....

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Denel hunts for cash with debts falling due

Denel hunts for cash with debts falling due
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , Jacob Zuma , Phumulo Masualle , National Treasury , Deputy Public Enterprises , President Jacob Zuma , ஜாகோப் ஜும , தேசிய கருவூலம் , துணை பொது நிறுவனங்கள் , ப்ரெஸிடெஂட் ஜாகோப் ஜும ,

Denel hunts for cash as nearly R3bn in debt looms large

SA's insolvent arms manufacturer is scrambling for cash as it faces the repayment of almost R3 billion of debt this year. ....

Jacob Zuma , Phumulo Masualle , National Treasury , Deputy Public Enterprises , ஜாகோப் ஜும , தேசிய கருவூலம் , துணை பொது நிறுவனங்கள் ,

South African Arms Maker Hunts for Cash With Debts Falling Due

South African Arms Maker Hunts for Cash With Debts Falling Due
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Jacob Zuma , Phumulo Masualle , Eskom Holdings , National Treasury , Deputy Public Enterprises , President Jacob Zuma , Financial Director Resigns , ஜாகோப் ஜும , தேசிய கருவூலம் , துணை பொது நிறுவனங்கள் , ப்ரெஸிடெஂட் ஜாகோப் ஜும ,

Despite financial woes and probes, Denel insists it's not trading recklessly

Denel officials on Wednesday briefed members of the Parliamentary Standing Committee on Public Accounts on its annual report for the financial year 2019/20 and responded to questions related to SIU investigations. ....

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