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Zwelakhe Ntshepe Denel CEO quits from the arms manufacturer

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.

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