Denel says salaries will be paid by Friday
CEO Danie du Toit also confirms the state-owned arms manufacturer is working to find sustainable solutions to its liquidity crisis
26 June 2019 - 12:42
Denel CEO Danie du Toit said on Wednesday that he is confident the company’s turnaround plan will ensure the long-term sustainability of the business.
Du Toit has confirmed that the state-owned arms manufacturer will pay full salaries to all Denel employees by Friday this week...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.