WATCH LIVE | Denel supply chain executive testifies at state capture inquiry

The inquiry heard from the state entity's board chair, Monhla Hlahla, on Monday how poor governance has plagued the state-owned defence company.

The state-owned entity is one of many facing serious financial challenges after financial irregularities linked to the capture of the state by the Gupta brothers during former president Jacob Zuma's tenure. “We do play a key role to our defence industry, and the national defence industry council identified that the liquidity challenges facing Denel compromise the national security of our country,” Denel acting CEO Talib Sadik recently told parliament's public enterprises portfolio committee.

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.

WATCH LIVE | Bheki Cele gives update on progress made in Senzo Meyiwa murder casePolice minister Bheki Cele and national commissioner Khehla Sitole will on Monday provide a much-anticipated progress report on developments in the murder case of slain soccer star Senzo Meyiwa.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

WATCH LIVE | AfriForum and Senzo Meyiwa's family brief the mediaSenzo Meyiwa's family and AfriForum, which helped in the investigation of the Orlando Pirates goalkeeper’s murder, will be briefing the media on Monday afternoon. Huh? So the police could not properly investigate all these years n it took afriforum so short a time to make a breakthrough? Is this not direlection of duty by the police 👮 Heads must roll here!! This shows as if police acted because of Afriforum's work.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Previous board crippled Denel - chair tells Zondo Commission | Citypress“The board has long decided that it would undertake a lifestyle audit. It is just a matter of, with our limited budget, the audit committee being able to prioritise the investigations” ~ Denel board chair Monhla Hlahla What a shame! There is nothing this ANC clowns are not destroying. Coming to think that in Africa this is the only country manufacturing its own weapons. These witnesses are corrupt deployees, they never raised the alarm while they were there.
Source: City_Press - 🏆 7. / 72 Read more »

WATCH | Kelly Khumalo says she broke up with Chad da Don because he was 'insecure'Kelly Khumalo said she couldn't deal with Chad's 'insecurities'. At least she didn't hire a sniper to erase him Who killed Senzo Meyiwa Basadi ba no dula e le batšwasehlabelo 🤦🏾‍♂️ kgane a nke le senya le naa?!
Source: TimesLIVE - 🏆 28. / 59 Read more »

WATCH: Duduzane Zuma is back in SA, stops at wild party in DurbanIt is not known when the businessman son of Zuma senior landed in the country. However, his presence was felt in the northern Durban township of KwaMashu on Saturday evening. What and where to watch? Or just a Clickbait? 🤔 How does he not get arrested when he comes back here given his high crimes and misdemeanors MEB40122141 Why and how is this news? SAMediaIsTrash
Source: IOL - 🏆 46. / 51 Read more »

WATCH: Farmers protest at ParliamentFarmers marched to Parliament demanding President Cyril Ramaphosa to declare farm murders a priority crime. Demonstrators not only asked for an end to farm attacks, but also called for retaliation. So Famers are being murdered cos they are Famers ? What’s Farm murder how’s that different from other murders ? No EFF scum around 👍🏼👍🏼👏🏻👏🏻👏🏻 Sick morons
Source: eNCA - 🏆 49. / 51 Read more »