Public Enterprises Minister Pravin Gordhan
PHOTO: Lulama Zenzile/Gallo Images
Public Enterprises Minister Pravin Gordhan says it is difficult, if not impossible, to retain skills at state arms manufacturer Denel in the face of mounting financial turmoil.
Denel has been in a storm of financial instability, with the entity struggling to pay salaries to its staff on time.
READ | Denel vows to defend itself from SAAB Grintek liquidation bid
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.