Denel’s in the dwang again as auctioneers close in on its assets
Denel has informed employees that their tax certificates are not ready for distribution and has also failed to comply with a court order to pay salaries.
Denel has informed employees that their tax certificates are not ready for distribution and has also failed to comply with a court order to pay salaries.
This story outlines just how much Denel requires and how its troubles are impacting staff who’ve taken a 15% pay cut to help their company stay afloat.