Liquidity-starved State-owned defence industrial group Denel has identified opportunities that would allow it to generate revenues and even create new revenue streams in the coming years. It reported this in its recent briefing to Parliament (which was released by the legislature on June 17). The group pointed out it was currently implementing its turnaround strategy, which had been initiated in 2018. It also stated that it hoped to accelerate the implementation of this turnaround plan.
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