Question NW833 to the Minister of Public Enterprises
24 April 2024 - NW833
Gondwe, Dr M to ask the Minister of Public Enterprises
By what date will the sale of Denel owned non-core assets used by Rheinmettall Denel Munition and Hensoldt SA be finalised?
Reply:
Denel has formally submitted request to dispose of the non-core properties Rheinmetall Denel Munition; and has not submitted a disposal request of the properties used by Hensoldt SA. Denel’s overall strategy to dispose of non-core properties, particularly those associated with sovereign and strategic capabilities as outlined in the 2015 Defence Review is under review. This reconsideration is informed mainly by the uncertainties in global geopolitical and security dynamics. The Department is in consultation with the Department of Defence to find optimal mechanisms and alternative options to assist Denel in meeting its financial requirements to complete the implementation of its restructuring plan.
Remarks: Approved/ Not Approved /Comments
Jacky Molisane P J Gordhan, MP
Acting Director-General Minister
Date: Date