National. The manufacturer has told 379 workers in its artillery, ammunition and armoured-car divisions that they could lose their jobs, according to Helgard Cronje of trade union Solidarity. The SABC’s plan to cut 400 jobs was recently suspended until the end of 2020, following strike action and a widely-publicised video of an in-office altercation between employees and management. Denel reported on Thursday that the closing down of “the greater part” of its aerostructures business had reached “an advanced stage”. Share this article: Share Tweet Share Share Share Email Share. It is crucial for Solidarity to offer its members job security and to prevent retrenchments where possible. By Staff reporter Feb 23, 2018. This week, Solidarity addressed a letter to Denel’s board of directors, as well as to several ministers, including Public Enterprises Minister Pravin Gordan and Finance Minister Tito Mboweni, to deal with the government’s inability to assist Denel appropriately in executing its turnaround plans timeously. Denel’s equity is significantly below levels (R4 billion) required by investors and its assets are predominantly funded by debt. With many labour issues currently on the table, Solidarity is ready to assist its members. SA economy shrank by 7% in 2020, but managed to grow in Q4 The pandemic-hit economy plummeted in 2020 relative to 2019, but we've seen the worst of the decline says Stanlib's Kevin Lings. N'oubliez pas de réserver afin de pouvoir découvrir l'usine. They've issued a notice under Section 189 and 189A of the Labour Relations Act. November 21, 2020. Irregular Denel tender more like a ‘gentlemen’s agreement’ - SIU tells MPs 4 March 2021 11:26 AM Police on high alert after fake vaccines stored in SA by international syndicate Share this article: Share Tweet Share Share Share Email Share. NUMSA demanded that all retrenchments are stopped immediately. Ex-Denel CEO denies he instructed executives to work with Gupta associate Essa. Ep 13: Glenn Fogel, CEO, Booking Holdings. Follow me on all my socials :) Twitter: @DENEL_Official Instagram: @DENEL_Official Snapchat: DENEL_Official In Conversation 2020/2021. (Source: Denel; issued Feb 06, 2020) The process of exiting the greater part of Denel’s Aerostructures Manufacturing Business is now at an advanced stage with major steps put in place to minimise the impact on job losses within the company. According to the CCMA’s 2018-2019 financial report, in that whole year only 38 588 workers were the subjects of section 189a retrenchments. 22 October 2020 . Denel provides turn-key solutions of defence equipment to its clients by designing, developing, integrating and supporting artillery, munitions, missiles, aerostructures, aircraft maintenance, unmanned aerial vehicle systems and optical payloads based on high-end technology. Denel, Eskom and South African Airways remain reliant on state support, including guarantees that enable them to access funding.’ Denel recorded a loss of R2bn in 2019/20. Denel. The broadcaster warned that it would once more be forced to return to the government with cap in hand should the retrenchments not be allowed to go through. The Denel Group Chief Executive Officer, Danie du Toit says the decision to wind up the company is in line with the broader long-term strategy to reposition Denel and return it to profitability. Letter to Denel and ministers: You are acting in your own interest. "Denel should not be allowed to retrench, our members are fed up with the excuses from management about the dire financial state of Denel." What does 2020 hold for South Africa’s labour relations? State-owned arms manufacturing company is also struggling to keep afloat. Close. Other challenges include lenders unwilling to advance funding for projects, the decline of bridge funding, the inability to pay full salaries since April 2020 and liquidity constraints. SA records 2,514 COVID-19 infections, 115 more deaths. Check Also. South Africa’s State-owned defence industrial group has Denel welcomed the recent decision by Fitch Ratings to affirm its long- and short-term ratings for the group, and to upgrade its outlook. 9 … October 10, 2020 . SABC board suspends retrenchments amid pressure from unions and ANC Broadcaster delays issuing of retrenchment notices for seven days to allow for further consultations. Denel retrenchments ‘unavoidable’ By SAPA Jan 15, 2013. The air-services companies in the Bidvest group have started retrenchment proceedings covering 87% of their combined staff. November 20, 2020. The retrenchments were confirmed by Denel and the trade union Solidarity on Thursday (13 December) 14 Dec 2012. Planned SABC retrenchments will have devastating impact on lives, say employees. BEL ONS: 012 644 4300. Between them, BidAir Services, BidAir Cargo, and Bidvest Premier Lounges could be retrenching 3,395 individuals. 18 talking about this. Brown triggers a strike for Denel workers. Solidarity is trumpetting how it limited retrenchments at Denel entity Denel Saab Aerostructures. Denel and Land Bank want billions in further support. Visite la Martinique, et viens découvrir nos ateliers de Royal Denel, et ainsi percer les secrets de fabrication des confitures, jus et compotes de la marque tant approuvée par la population. The organisation reported a net losses of R1.96 billion in the year that ended in March 2020. Afrikaans (Afrikaans); English; Globale Webtuiste Soek Unlike SAA, Denel received no funding when Finance Minister Tito Mboweni tabled his mid-term budget in October. Armed gang storms Pretoria lodge, assaulted chef ‘pretends to be dead’ November 15, 2020. Dark days indeed Article. South Africa’s Competition Commission has recommended that State-owned defence and aerospace group Denel be allowed to buy local aero-engine company Turbomeca Africa (TMA). Retrenchments, wage cuts to hit all employees - SAA rescue practitioners. ‘In 2020/21, the financial performance of SOEs deteriorated. "Denel seem not to have a clear strategy to navigate a way through out of this crisis," said Jim. Will vaccine passports be the new normal? The EFF notes with disgust, the disclosure by the Acting Secretary of Parliament, Baby Tyawa, that parliament is to retrench thousands of workers. After funding was denied, some members of Denel’s board quit, official says ‘When [funding] was not forthcoming, they felt that they could not stay on,’ … DENEL has dismissed as "inaccurate and highly speculative" reports that it intends to cut 7000 jobs as part of its turnaround strategy. SA’s insolvent national arms company Denel is seeking to lay-off about 13% of its workers in a bid to survive after the government spurned its plea for a bailout. According to Gideon du Plessis, General Secretary of Solidarity, 2020 is going to be a challenging year for labour relations.

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