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Denel is in crisis - Gigaba - defenceWeb

Summary by defenceWeb
Denel is a shadow of its former self and if it fails, it will paralyse South Africa’s entire defence ecosystem, Chairperson of the Joint Standing Committee on Defence (JSCD), Malusi Gigaba, has warned. Speaking during a justice and security cluster media briefing in Parliament on Thursday 10 April, Gigaba devoted significant attention to the state of Denel, the state-owned defence manufacturer which has experienced years of financial turmoil. On…
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defenceWeb broke the news in on Thursday, April 24, 2025.
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