News24.com | Denel faces funding gap for restructuring

PRETORIA, Sept 22 - South Africa's cash-strapped state defence firm Denel will need around R3 billion ($170 million) to cover a funding gap for a restructuring plan it is aiming to execute over the next 12 to 18 months, company executives told R

from News24 Top Stories https://ift.tt/vkm6oKw
via sinceretalk

Comments

Post a Comment

Popular posts from this blog

'No more tricks up the Trump legal team’s sleeves': Why the ex-president’s latest 'win' is temporary

Image
When a five-judge New York appeals court panel on Monday significantly cut Donald Trump's $464 million bond amount in the New York civil fraud case down to $175 million, and gave him ten more days to pay up — just hours before the deadline, legal experts were astonished by "the major lifeline" thrown to the former president . Former New York State Assistant Attorney General Tristan Snell "who successfully prosecuted the $25 million Trump University case," slammed the order as "special treatment," while ex-federal prosecutor and MSNBC legal analyst Glenn Kirschner said , "The verdict is in: the rules, the laws, and the Constitution do not apply to Donald Trump the way they apply to you and me." However, in an op-ed published by The Daily Beast, legal ethics and civil procedure expert Ray Brescia suggests despite Monday's win, Trump is "still in deep legal trouble" when it comes to both of his New York cases. READ MORE: $3 ...
Read more

'Going for the jugular': Legal scholar warns 'Trumpers' want to end major civil right

Image
One of the nation’s top constitutional scholars has issued a strong warning that the GOP will be working to overturn one of the most consequential, landmark U.S. Supreme Court decisions in modern American history. Griswold v. Connecticut established the precedent for the right to privacy, laying the foundation for the right to contraception, abortion, same-sex intimate relationships, and same-sex marriage. Two years ago next month, the right-wing justices on the U.S. Supreme Court overturned Roe v.Wade , which for nearly 50 years had established the constitutional right to abortion. In his concurring opinion, embattled Justice Clarence Thomas issued a call for cases to be brought before the nation’s highest court, declaring that rulings that had also established the rights to contraception and same-sex marriage were, in his opinion, wrongly-decided. Justice Thomas declared the Court “should reconsider all of this Court’s substantive due process precedents, including Griswold , Law...
Read more

Trump has relinquished the presidency — and there's only one sane response

Image
People ask me almost daily: “Can he really do this?” My answer: He’ll do anything he can get away with. He believes he can get away with anything as long as his Republican lapdogs remain in control of Congress, as long as congressional Democrats remain wimpy and disunited, as long as the Supreme Court immunizes him from prosecution, and as long as he feels he can disregard lower-court rulings with impunity. This is why it’s so urgent that We the People are rising up — making a ruckus at Republican town halls, phoning our senators and representatives so often we’re jamming congressional switchboards, joining our local Indivisible resistance groups, demonstrating, forming sanctuary communities, and boycotting corporations (such as Tesla and Target) that are caving to Trump. Another thing we can do is stop recognizing him as president. He may occupy the Oval Office, but he has repeatedly violated his oath of office to “faithfully execute the Office of President of the United State...
Read more