Denel seeking extension to period in which it has to pay its staff their arrears
In a press statement released on Friday, financially-embattled State-owned defence industrial group Denel reported that it was trying to get an extension to the court-ordered deadline for it to pay its workers their full salaries. In a judgment handed down on August 4, the Labour Court had ordered Denel to pay all outstanding employee salaries and other obligations by August 7 (Friday). Denel had failed to meet its salary and other financial obligations towards its staff during May, June and July. Читать дальше...