Denel CEO resigns after less than two years in the job
Resignation is a blow for the company, which is struggling to get back on its feet after years of mismanagement and looting
20 July 2020 - 15:54
UPDATED 20 July 2020 - 19:10
Danie du Toit, Denel’s group CEO, has resigned after less than two years in the job, as the turnaround of the state-owned arms manufacturer after years of mismanagement remains in the balance.
Du Toit’s resignation is a blow for the company, which is struggling to get back on its feet after years of mismanagement and looting during the state capture years left it in financial dire straits...
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