1
Everything Mining Industry
 
Country Focus
Back Copies
 
Mining Weekly Magazine
 
Engineering News Magazine
 
How to Guide
 
 
more  
 
Limit search to:
Where?
With?
Start Date   
End Date   
 
 
 
Back
 Address to refer: https://www.researchchannel.co.za/article/finance-minister-gigaba-continues-to-oppose-denel-asia-deal-2017-05-26
 Article Headline: Finance Minister Gigaba continues to oppose Denel Asia deal
 Abstract: The National Treasury on Friday reaffirmed, in a press release, that Finance Minister Malusi Gigaba continues to oppose the proposed joint venture between the State-owned Denel defence industrial group and VR Laser Asia, intended to create a company called Denel Asia. The press release was issued in reaction to “media statements attributed to Denel” regarding the matter, which National Treasury had “noted”. National Treasury stated that Minister Gigaba had met with Denel Chairperson Daniel Mantshe to discuss Denel Asia. The Minister made clear his rejection of the deal, on the grounds of Denel’s fragile financial situation. He also “invited” Denel to withdraw its court case against the National Treasury. “The position of the Minister of Finance has not changed in this regard,” affirmed National Treasury in its press release. “He remains opposed to the transaction for reasons stated elaborately in the National Treasury affidavit to court.”
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if you cannot see this image.

 
 
 
 
 

Latest content...

Hydrogen 2024: Implementation crucial going forward Buy Report   Hydrogen 2024: Implementation crucial going forward Buy Report Roads, Rail & Ports 2024: Inefficiencies reach new lows Buy Report   Roads, Rail & Ports 2024: Inefficiencies reach new lows Buy Report Africa Mining PIP cover image Buy Report   Africa Mining Projects in Progress 2024 Buy Report Iron-Ore 2023/24: Bracing for change Buy Report   Iron-Ore 2023/24: Bracing for change Buy Report Platinum Group metals image Buy Report   Platinum Group Metals 2023: Crucial Element in the Energy Transition Buy Report Automotive Report Cover Buy Report   Automotive 2023: Navigating change Buy Report
 
Image of runway approach ACSA infrastructure investment plan, South Africa Published: 03 May 24 Battery energy storage unit Red Sands battery energy storage solutions project, South Africa Published: 03 May 24 Image of construction site Bankenveld District City development, South Africa Published: 03 May 24
 
Amazon launches online shopping service in South Africa Published: 07 May 24 An Amazon branded package Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers'... BHP insists Anglo American's South African assets must go in any takeover, sources say Published: 07 May 24 The Sishen iron-ore mine BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to... Silver Hammer pulls the plug on Shafter project purchase Published: 07 May 24 Silver Hammer pulls the plug on Shafter project purchase Junior resources company Silver Hammer Mining has called off its definitive share purchase agreement with Aurcana Silver concerning the Shafter...
 
Engineering News 03 May 2024   Engineering News 03 May 2024 View Back Copy Engineering News 26 April 2024   Engineering News 26 April 2024 View Back Copy Engineering News 19 April 2024   Engineering News 19 April 2024 View Back Copy Engineering News 12 April 2024   Engineering News 12 April 2024 View Back Copy Engineering News 05 April 2024   Engineering News 05 April 2024 View Back Copy Engineering News 29 March 2024   Engineering News 29 March 2024 View Back Copy
 
Register for daily alerts on news as it breaks in various key economic sectors - Click here to register
Close