The company, which makes military equipment for SA's armed forces and for export, did not give a reason for the resignation. It depends on government bailouts and has faced liquidity problems that have been aggravated by the Covid-19 pandemic.
"The board wishes to thank Ms Le Grange for her valuable contributions during her tenure as financial director of Denel," Denel said in an announcement on the Johannesburg bourse on Monday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.