The Citizen reports that state-owned military technology company Denel has denied claims that its Land Systems (DLS) executives were getting full salaries in the wake of the division’s financial woes.
“It is not true that executives are earning full salaries,” said spokesperson Pam Malinda on Wednesday. She also stressed that different divisions were responsible for their cash management and that while some divisions would be paying 100% salaries, some would be paid their wages in separate tranches. DLS this week informed its 507 employees that they would not be receiving their April salaries. By March, Denel still owed workers part of their salaries for May, June and July 2020. In an internal communique, CEO Sello Ntsihlele blamed the failure to honour a commitment in respect of March salaries and delays in giving an update on April salaries on a problem in realising a milestone with a foreign client. He, however, said progress had been made with the client and payment was expected to be received soon. “Our ability to pay the salaries in time for the end of April 2021 remains a risk as things stand,” Ntsihlele indicated. Meantime, trade union UASA said it would continue to pursue all avenues to assist its members in this matter, even if it meant using its Federation of Unions of SA (Fedusa) affiliation.
- Read the full original of the report in the above regard by Sipho Mabena at The Citizen (paywall access only)
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