Denel | Arms company to pay 45% of staff salaries

Salaries are estimated to be at around R590m. Denel received a lifeline in the mini-budget last month when Finance Minister Enoch Godongwana announced it would be getting R2.9bn.

Good day, kindly note that it’s only 1 division out of 6 that will be getting that 45% salary and the rest of us we will see to finish what to do. Denel Dynamics it the only division that will get that according to an infogram issued.

Imali incinci still no changes 45% it's not enough

Did t change the ceo in tbe last 5 yrs

Proudly brought to you anc bbeee aa

Who's going to pay the 55% left ? Clearly they want to milk government down these ones nhe 🤔 Denel was an operational organisation some yrs back n now it can't even afford the salaries ? If one pays for Denel what will stop us to take it to a LEVEL ya SAA 🤷

Can't believe that only a few years ago DENEL was manufacturing army tanks, military helicopters and other army equipment. Now I'm wondering, if they can't pay salaries, what business are they into these days?

It will take time to eradicate the effects of the 9 wasted years.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Schools are not banks’: Limpopo education lashed over ‘irregular instruction’Department has asked schools to use funds for running costs to pay assistants, blaming finance minister
Source: SundayTimesZA - 🏆 47. / 51 Read more »

'Ridiculous': Italian man tries to dodge Covid vaccine by using fake armThe fake arm incident comes ahead of stricter rules in Italy for people who have not yet been vaccinated.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Chinese regulators push Didi to delist from New YorkRide-hailing company to start preparations for listing in Hong Kong
Source: BDliveSA - 🏆 12. / 63 Read more »

EU steps up security for staff in EthiopiaAccording to UN estimates, thousands of people have been killed, two million displaced and hundreds of thousands driven into famine-like conditions since the conflict erupted in November 2020.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

SpaceX not up in the air about in-flight internetThe company’s Starlink unit is testing its space-based service with several aircraft
Source: BDliveSA - 🏆 12. / 63 Read more »

Chinese regulators push Didi to delist from New YorkRide-hailing company to start preparations for listing in Hong Kong
Source: BDliveSA - 🏆 12. / 63 Read more »