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Denel pays employees R318m in back pay after years-long battle

Denel announced on Thursday that it has paid R318 million in outstanding salaries after two years. The funds were raised from the surplus of a medical aid benefit trust for employees. The company now has in the region of R600 million for operational capital. ....

Riaz Salojee , Gloria Serobe , Denel Medical Benefit , Department Of Public Enterprises , Sa Revenue Service , Denel Medical Benefit Trust , Public Enterprises , Members Forums , Derek Mans ,