Denel CEO Zwelakhe Ntshepe has resigned from the arms manufacturer. Ntshepe’s resignation comes after leaks that Denel gave North West Premier Supra Mahumapelo’s son an R1.1-million bursary to become a pilot. It was reported at the time that Denel had bent the rules to suit Supra Mahumapelo’s son. Oarabile Mahumapelo missed the Denel cut-off date to apply for a bursary and regardless of this, a bursary of R1.1-million was approved for him to study. It covers tuition fees, flying, accommodation, food, and laundry for the 17 months of the successful course. To worsen the situation, it was at an institution not permitted for funding by the government. Defence and aviation are not on the list of authorised study fields. Zwelakhe Ntshepe purportedly signed the contract. Denel confirmed that Mahumapelo’s son was one of three students from three provinces. Michael Kgobe is appointed as an interim CEO and head of aeronautics by Denel’s board. Public Enterprises Minister Pravin Gordhan wants Denel to investigate a bursary given to the North West premier’s son.
PRETORIA, 29 June 2018 – The South African Revenue Service (SARS) will remove drop boxes for the submission of income tax returns and other paper documents, in its drive to encourage taxpayers to use eFiling for all tax transactions where possible. As of 01 July 2018, SARS will also no longer provide certain printed forms […]
The government has noted Fitch’s decision to affirm South Africa’s long term foreign and local currency credit ratings at ‘BB+’, and maintain a stable outlook. In a statement released by National Treasury on Friday, the government said the proactive steps it is taking towards economic growth are starting to bear fruit. “Collaboration with government, business, […]
Talk to real people who have the job you want: There are two reasons this advice is at the top of the list. First, get some real-world information. Second, if you can’t network your way into informational interviews in your new chosen field, how are you going to get a job in that field? Sending resumes […]