On Thursday, Public Enterprises Minister Lynne Brown announced the appointments of new directors at three state-owned entities, including a new CEO for Denel. The announcements came after Finance Minister Malusi Gigaba talked tough about the financial management of parastatals, when he presented his medium-term budget policy statement on Wednesday. Among the new appointments are Zwelakhe Ntshepe, who becomes the new group CEO of Denel, and Odwa Mhlwana its chief financial officer.

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