Today's Labour News

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numsaFin24 reports that the National Union of Metalworkers of SA (Numsa) marched to the offices of the Department of Public Enterprises (DPE) in Pretoria on Friday, demanding that it re-capitalise state-owned arms manufacturer Denel so that salaries could be paid to employees.

Denel has consistently struggled to pay salaries on time because of its financial challenges. Unions have had to get court orders to compel the entity to pay salaries. Numsa marched to the DPE on Friday morning and handed over a memorandum of demands. "Since lockdown was implemented, our members at Denel Pretoria Metal Pressings have experienced unending misery by officials in the Department of Public Enterprises. Denel is a viable business, but it is being deliberately collapsed. It urgently needs to be re-capitalised so that it can survive," the memorandum asserted. It added that DPE Minister Pravin Gordhan "seems determined to collapse this entity, just like South African Airways (SAA), SA Express, and Eskom". Numsa said it expected Denel to be sold to "capitalist cronies" once it had collapsed. According to the memorandum, Denel potentially had billions of rands' worth of contracts that could be serviced, but the entity was unable to deliver on them because it had no operating capital. The memorandum said the DPE must re-capitalise Denel and provide "clear timelines" for when the funding would be made available. The union said it would not accept that Denel’s restructuring exercise be done at the expense of jobs. The memorandum was received by the deputy director-general at the DPE, Weekend Bangane.

  • Read the full original of the report in the above regard by Khulekani Magubane at Fin24
  • Lees ook, Sowat R1,6 miljoen van Denel se bates opgeveil, by Maroela Media


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