Cape Town - Denel fired its suspended CEO - Riaz Saloojee - on Thursday without being found guilty of any misconduct, Netwerk24 revealed on Sunday. Fin24 broke a story on 25 September 2015 that ...

Denel’s efforts to restructure its business and implement a comprehensive turnaround plan, have been given a boost following the recent decision by Fitch Ratings in London to affirm its long-term ...

City of Cape Town Disaster Risk Management teams are on site at the Denel plant in Somerset West following a fire on Tuesday morning. Fire and Rescue and EMS crews responded to a building fire at the ...

Add Yahoo as a preferred source to see more of our stories on Google. (Adds detail, context) JOHANNESBURG, Oct 11 (Reuters) - South Africa's Denel is winding up its struggling Aerostructures aircraft ...

In its presentation to the Parliamentary Portfolio Committee on Defence and Military Veterans, embattled State-owned defence ...

Denel says it is pursuing civil and criminal action against former executives following several forensic investigations into alleged fraud and misappropriation of money. Danie du Toit, the group CEO, ...

US-based defence and security firm Omusha is pursuing a hundreds of millions of rands investment in Denel PMP to restore production, create jobs, modernise ...

The Denel Employees Association has applied to the Pretoria High Court to have the cash-strapped arms manufacturer placed under business rescue and controlled by independent administrators to solve ...

Denel is in a death spiral. Its finances are a mess, its top management has left the company, and technical skills and valuable IP are walking out the front door. Denel executives recently told ...

JOHANNESBURG (Reuters) - Saudi Arabia has made a $1 billion bid for a broad partnership with South African state-owned defence group Denel that would include acquisition of a minority stake in a joint ...

Johannesburg - State defence equipment manufacturer Denel has had “positive” engagements with state logistics companies Transnet and the Passenger Rail Agency of SA (Prasa) in exploring options to ...