Tag Archive | Denel

Denel strategy gathering momentum

Denel remains positive about its future as the issues raised by Fitch Ratings will be resolved through the successful implementation of the company’s recently approved strategy.  Fitch Ratings recently down-graded the company’s national long-term rating from ‘AA-(zaf)’ to ‘B(zaf)’. “We know that Government is cognisant of the fact that Denel is in need of additional […]

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Denel to showcase its capabilities at top Middle Eastern defence show

Denel announced on Monday that it will be attending a major global defence exhibition in Abu Dhabi this week to explore new growth opportunities for business in the Middle East and North African countries. Denel said its innovative products and systems will form the centrepiece of the South African pavilion at the International Defence Exhibition […]

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Top 10 quotes from SONA 2019

President Cyril Ramaphosa delivered this year’s annual State of the Nation Address (SONA) with ease. Pressures that Ramaphosa will be disrupted by the EFF turned to be empty as he charmed the opposition immediately after setting foot on the podium on Thursday. Transform SA picked 10 of the most pertinent issues that Ramaphosa raised during […]

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Black South Africans unfit for Denel CEO Position? – BMF

The Black Management Forum (BMF) takes a hard-line on the appointment of Daniel Du Toit, Denel’s new CEO. In an interview with Transform SA Thabile Wonci BMF’s Managing Director explained how government should prioritise appointing black professionals. “It is clear to the BMF that government themselves are ignoring their own good advice to the country […]

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New Denel CEO proves lack of transformation – Limusa

Denel, South Africa’s state owned arms manufacturer faces hard-hitting criticism after appointing Group Chief Executive Officer Daniel du Toit. The appointment follows Zwelakhe Ntshepe’s resignation from the post after being at the helm for 20 years. The Liberated Metalworkers Union of South Africa (Limusa) rejected the appointment of Du Toit and said that Denel is […]

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Young Denel engineers produce breakthrough weapon

Three young Denel mechanical engineering graduates have developed a new light-weight machine gun to provide continuous fire support on the modern battle field. Dakalo Nekhumbe, Phindile Mashaba and Marumo Talane, who work at Denel Land Systems (DLS), took the challenge to redesign an infantry soldier’s most trusted ally — the machine gun — making it […]

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