We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Cash-strapped state arms manufacturer Denel has told employees that it remains at risk of not being able to pay salaries for July.

In June, the company said it could only pay 85% of salaries for June due to cash-flow problems. Soon after the public enterprise minister Pravin Gordhan announced that a lender had come to the arms manufacturer's assistance and full salaries were paid...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now