Tag Archives: Denel

India lifts blacklisting of South African defense firm Denel

The blacklisting was also lifted following a personal request from South African President Cyril Ramaphosa to Indian Prime Minister Narendra Modi …
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South African firm Denel taken off the defence blacklist after settlement agreement

Arms manufacturer Denel has been taken off an Indian defence ministry blacklist after the South African company signed a settlement agreement that waived off almost $ 100 million that it would have been entitled to following arbitration proceedings.

The final settlement agreement was signed on July 19, days ahead of a BRICS summit in Johannesburg that will be attended by Prime Minister Narendra Modi, and details how the company was put on the blacklist in 2005, on the basis of two newspaper reports in South Africa. Charges of corruption in the news reports could not be validated during a subsequent CBI inquiry, leading it to file a closure case in 2014.

Formal orders to take Denel off the blacklist were issued on Wednesday, bringing an end to a 13 year exile for the company from the world’s…

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Celebrating women: Kerra Denel turns passion into platform for women

If you Google jet-setter, Kerra Denel’s image may just pop up.

The red-haired businesswoman is constantly on the go, one minute winging her way across the Caribbean and the next somewhere in the United States.

If you work in the Caribbean entertainment industry or are familiar with its players, Denel would surely be known to you. The Trinidad-born Canadian citizen works as a public relations manager, artist liaison, event coordinator and voice artist in various countries, especially on the Carnival circuit.

“I live a nomad life,” she told Loop.

The former Holy Faith Convent student left T&T in Form Two to migrate to Canada with her parents where she lived up until two years ago. These days she calls Miami her home, though she practically lives out of her suitcase.

Despite her…

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