Today's Labour News

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DenelReuters reports that state-owned defence company Denel has appointed Thandeka Sabela as acting chief financial officer (CFO).

The firm's former CFO, Carmen le Grange, resigned earlier in March. That came on top of a series of exits, including the board chair and chief executive, thereby deepening a crisis at the cash-strapped firm. Sabela, a chartered accountant, has been with Denel since 2015. She will take-up the position on 29 March. The process of recruiting a new, permanent finance chief is underway.

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