Denel pays employees R318m in back pay after years-long battle - News24

Denel announced on Thursday that it has paid R318 million in outstanding salaries after two years. The funds were raised from the surplus of a medical aid benefit trust for employees. The company now has in the region of R600 million for operational capital.

• Denel has paid R318 million in outstanding salaries after a two-year battle. 
• The funds were raised from the surplus of a medical aid benefit trust for employees. 
• The company… [+2629 chars]
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