Denel cannot pay salaries in full

Solidarity serves demand: Denel to take legal action Solidarity  served a demand under section 165 of the Companies Act on Denel to take legal action against individuals who were responsible for, or who were party to the financial predicament the company finds itself in. This comes after various irregularities were brought to Denel’s attention in Solidarity’s Denel File provided to Denel in April 2018. This led to several dismissals at the institution. According to Solidarity’s Head of Legal Services, Anton van der Bijl, under this section of the Act Solidarity…

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