Tuesday 29 September 2020
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enca - 2 month ago

Denel ordered to pay workers salaries

Denel ordered to pay workers salaries Janine Wed, 08/05/2020 - 16:00 Teaser Media Paragraphs File: Denel said the COVID-19 pandemic has significantly impacted its finances. eNuus JOHANNESBURG - Denel has been ordered to pay workers their outstanding salaries. READ: Denel CEO resigns Two trade unions, Solidarity and UASA, went to court after members weren t paid for May, June, and July. The state-owned defence company now has until Friday to pay up. READ: Denel seeks to revise bailout conditions to survive The company has been battling a liquidity crisis, and it s not clear where the money will come from. Denel is expected to issue a statement.


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