Denel's top brass struggles to turn around troubled defence champion

South African defence minister Thandi Modise and her counterpart in charge of public enterprises Pravin Gordhan.
South African defence minister Thandi Modise and her counterpart in charge of public enterprises Pravin Gordhan. © Nic Bothma/EFE/Newscom/MaxPPP
Denel, leading supplier to the South African armed forces, is in a critical financial situation. The company is trying to get the government to give it the funds its needs to pay its debts. Public enterprises minister Pravin Gordhan and new defence minister Thandi Modise have been given the job of trying to help the flailing state-owned company. [...] (1304 words)
Issue dated 17/12/2021 Reading time 6 minutes
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