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New Denel director - defenceWeb
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Written by defenceWeb -
President Cyril Ramaphosa.
She might no longer be active in board level affairs of Denel following her resignation as chair two months ago, but Monhla Hlahla remains a member the Presidential State-owned Enterprises Council (PSEC).
A defenceWeb enquiry to Tyrone Seale, acting spokesperson to President Cyril Ramaphosa, brought the response that “Hlahla remains a member of the Council”.
Hlahla was named a PSEC councillor in June last year along with nine others. They are Joel Netshitenzhe, Executive Director and Board Vice-Chair of the Mapungubwe Institute for Strategic Reflection (MISTRA); Vusi Khanyile, Thebe Investments chair; Michael Sachs, Wits University adjunct professor; Marion Marole, non-executive director MTN Group and Development Bank of SA; Bajabulile Tshabalala, vice president finance and Chief Financial Officer at African Development Bank; Sipho Nkosi, Sanlam director; Kandimathie Ramon, Anglo Gold Ashanti Chief Financial Offi
defenceWeb
Written by defenceWeb -
Dr Hannelie Nel.
Denel has announced that non-executive director Hannelie Nel has resigned. She is the latest board member to resign from the troubled defence conglomerate.
In a notice to the Johannesburg Stock Exchange on 7 April, Denel said that Dr Hannelie Nel has resigned as an independent non-executive director and Chairperson of the Social and Ethics Committee, with effect from 31 March 2021. She joined the Denel board in June 2018.
Denel’s trials and tribulations have seen an exodus of directors, including chair Monhla Hlahla. Other directors who bailed from the Irene, Centurion, headquartered Denel board include former SA National Defence Force (SANDF) chief and past Minister of Communications Siphiwe Nyanda, Kabelo Lehloenya, Sibusiso Sibisi, Nonzukiso Siyotula and Sue Rabkin. Senior staffer Carmen Le Grange (chief financial officer) also submitted her resignation and left Denel on 27 March. She was replaced by Thandeka Sabela as ac
defenceWeb
Written by defenceWeb -
Denel headquarters in Irene.
Denel has until July 23 to put forward âpractical measuresâ on progress in terms of a judgement pertaining to legal proceedings instituted by trade union UASA (United Association of SA).
The West Rand-based employee representative organisation, along with Solidarity, resorted to legal action following repeated instances of Denel staff either not being paid, being short paid and not having the necessary employer contributions made for, among others, pension and medical schemes.
UASA instituted contempt of court proceedings against the ailing state-owned defence and technology conglomerate after it failed to honour outstanding contractual and statutory obligations to UASA members for May, June and July last year.
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