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Home » Posts Tagged "Denel" (Page 9)

Tag Archives: Denel

DENEL granted R1.8 billion bailout from Treasury

31 August 2019, 7:08 AM

Treasury has granted embattled arms company, DENEL, a R1.8 billion bailout. DENEL says in a statement that government’s decision to recapitalise the firm will help create a sustainable asset for South Africa.


Denel expects financial support from govt for 3rd quarter

2 August 2019, 6:51 PM

South Africa’s Denel expects to receive government support in the third quarter of this year as ministers are satisfied with how its planned turnaround is going, the state defence company said on Friday, adding it saw potential to cut more costs.

Boards at SOEs will be irrelevant once CROs are appointed: Analyst

28 July 2019, 8:20 AM

Business strategist, Tawanda Dube, says boards at state-owned enterprises (SOE) earmarked for curatorship will become irrelevant once the Chief Restructuring Officers (CRO) are appointed.

Tito Mboweni

Mboweni announces plans to recapitalise SABC, Eskom and SAA

23 July 2019, 2:32 PM

Finance Minister Tito Mboweni has announced plans to recapitalise the SABC, Eskom, Denel and South African Airways.

Finance Minister Tito Mboweni

Special Appropriation Bill to bail out struggling SOE’s

12 July 2019, 8:16 AM

The Finance Minister Tito Mboweni says he plans to introduce a Special Appropriation Bill in Parliament on additional funding for Eskom on July 23. 



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