South Africa’s defence industry is dealing with a crisis as the state-owned weapons manufacturer Denel battles to survive, and rapidly agreeing equity partnerships is the only way to save it, a top defence official has said. Denel’s woes put at risk an industry estimated to directly employ around 15 000 people, Armscor CEO Kevin Wakeford..
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SA’s defence industry is facing a crisis as the state-owned arms maker Denel struggles to survive
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