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vr laser asialatest news & developments
Opposition parties have slammed the department of defence and state-owned military manufacturer Denel after the Special Investigating Unit (SIU) told parliament it had uncovered irregularities in procurements and the awarding of contracts
DENEL

Denel suffers over R1.7bn loss, expects more in future

The state-owned arms company has yet to submit an annual report for the 2017/18 financial year

  • Khulekani Magubane
2 min read
Finance minister Pravin Gordhan operates on a two week cycle as he prepares to be ousted at any stage.
DENEL

Gordhan to Denel board: Prove to us you’re not captured

The former finance minister wants the state arms manufacturer to prove it is not acting in the interests of the controversial Gupta family.

  • Ofentse Mboweni
2 min read
Finance Minister Pravin Gordhan.
AFRICAN NEWS AGENCY

Denel sticks to its guns in dispute with Gordhan

Finance Minister Pravin Gordhan has described the company as “arrogant and belligerent” regarding its joint venture with VR Laser Asia.

  • Catherine Rice
3 min read