The current board at the embattled state armaments company Denel is"having to deal with the repercussions of the era that has just passed".
"From 1999, Denel was showing some recovery. Prior to 1994, the turnover was very strong, informed by our country spending a lot of money on arms to protect the regime. In the new dispensation, there was no need to spend that kind of money on arms," he told the commission.
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.
Denel on the spotlight at state capture inquiryDeputy Director General of Department of Public Enterprise, Kgathatso Tlhakudi will take the stand at the inquiry. We are going to miss out thanks to loadshedding stage 4
Source: eNCA - 🏆 49. / 51 Read more »
State capture inquiry to zoom in on DenelDenel has been financially crippled over the past few years due to maladministration and allegations of corruption.
Source: ewnupdates - 🏆 30. / 53 Read more »
Denel on the spotlight at state capture inquiryDeputy Director General of Department of Public Enterprise, Kgathatso Tlhakudi will take the stand at the inquiry.
Source: eNCA - 🏆 49. / 51 Read more »
WATCH LIVE | State capture focuses on arms company DenelDeputy Director General of Department of Public Enterprise, Kgathatso Tlhakudi is expected to take the stand at the Zondo Commission of Inquiry into State Capture today.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Deputy DG pressured to follow Lynne Brown's orders for Denel boardPublic enterprises deputy director-general Kgathatso Tlhakudi described how former minister Lynne Brown deviated from the norm to appoint a controversial new board at Denel in 2015. Kumoshiwe neeh Same old corrupt ones. Won't make a difference Same old names keep on popping up. Have these ANC members got special protection?
Source: TimesLIVE - 🏆 28. / 59 Read more »
Appointment of Zuma's lawyer at Denel 'came as surprise'Daniel Mantsha, who was appointed as chairman in 2015, has been implicated in allegations of state capture with his tenure being marred by financial irregularities and maladministration. Typical Jacob Zuma appointing doggy character Chairman at Denel regardless of that Character struck off the Roll of Attorneys.
Source: ewnupdates - 🏆 30. / 53 Read more »
LIVE: #StateCaptureInquiry continues with testimony relating to DenelThe judicial commission of inquiry into state capture continues with testimony related to Denel and is expected to hear testimony from deputy DG of Public Enterprises, Kgathatso Tlhakudi. Ke kopa le buseng Agrizzi to grease the occasion hle, it is now rusty. At the pace this enquiry is going all guity willl be dead buried and forgotten while Mars and Venus will be well colonized and inhabited by the time the case is concluded
Source: News24 - 🏆 4. / 80 Read more »
LIVE FEED: #StateCaptureInquiry March 18, 2019 | IOL NewsThe Zondo commission will this week begin hearing evidence on how state capture affected state-owned arms manufacturer Denel.
Source: IOL - 🏆 46. / 51 Read more »
Denel on the spotlight at state capture inquiryDeputy Director General of Department of Public Enterprise, Kgathatso Tlhakudi will take the stand at the inquiry. We are going to miss out thanks to loadshedding stage 4
Source: eNCA - 🏆 49. / 51 Read more »