A Denel G-6 howitzer tank. Picture: BUSINESS DAY
A Denel G-6 howitzer tank. Picture: BUSINESS DAY

State arms firm Denel has posted an annual loss of R1.7bn due to a fall in revenue, according to the department of public enterprises.

Business Day TV talk to Jones Gondo from Nedbank CIB about the company’s financial woes.

Or listen to the full audio:

Subscribe for free episodes: iono.fm | Spotify Apple Podcasts Pocket Casts | Player.fm

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.