The official opposition has warned against the R1.8 billion bailout of Denel by the government saying it was not sustainable.
DA spokesperson on public enterprises Natasha Mazzone said on Saturday the state arms manufacturer needed an overhaul.
She said throwing money at Denel was not helpful, describing the SOE as a bottomless pit.
“An incredulous amount of the people’s money have been spent on State-Owned Entities and yet the public is getting very little in return,” said Mazzone.
Mazzone said they want the company to be partially privatised.