Denel is facing severe liquidity constraints, says Fitch Ratings. The state-owned arms manufacturer's future hangs in the balance without continued government support, says Fitch.The rating agency has taken a decision to downgrade Denel further into junk status.Fitch says management volatility may impact the group's ability to implement its turnaround strategy. Embattled state-owned arms manufacturer Denel's "severely…
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4 min read THE TEXT ON the Tik Tok videos always starts with: “The lion does not concern himself with…” followed, usually, by something that probably should concern someone. Since the meme got popular in 2022, it's resurfaced a few times and evolved from chest-thumpy expressions of masculinity, to airing petty grievances and other bizarre