Trade union Solidarity has filed an application at the Labour Court against failure of state arms manufacturer Denel to pay workers’ salaries in full.
Weapons acquisition company Armscor says it is weighing the possibility of cancelling its contract with Denel to procure Badger infantry fighting vehicles for the SANDF.
South Africa’s Denel will design and develop medical ventilators in partnership with other state-owned entities, research bodies and medical technology companies to help treat coronavirus patients, the state arms and technology company said on Sunday.
The implementation of urgent economic and fiscal reforms is needed to turn the country’s economy around.
Arms manufacturer Denel says the turnaround plan its Board has introduced remains at the core of its strategy to return the company to sustainability.