While I'm not looking to start any political type argument here (although this is a little bit of venting on my part) - I also simply wanted to enlighten those who have asked many questions as to why Denel has recently collapsed, why so many engineers have moved over to the UAE and other places, and carried on with their work there...
Well then it's time to address the elephant in the room.. We have had massive reverse discrimination in South Africa for a long time now, and every year it gets worse (new, more onerous laws get introduced practically every year for the past 27 years). This relates to BEE/BBBEE (Black Economic Empowerment) and AA (Affirmative Action) laws that are taken very, very seriously in South Africa (We are the only country in the world were the dominant majority, who also have complete political control, have over 114 laws to 'protect' themselves against an 8% minority). It's affected my own business (company) so badly and to the point that I am about to emigrate (as I'm one of the lucky ones in South Africa who has dual nationality, and therefore options).
Here is a very typical case in point - Armscor are about to issue 71 tenders and herewith a quote from their upfront brief, with typical wording that has long been standard not only with any government departments, but also with most big and medium sized businesses in South Africa:
"As with all else acquisition-wise at whatever level of government, BBBEE (broad-based black economic empowerment) is paramount. The APP notes “Armscor prefers to do business with bidders at least BBBEE level four compliant and has a vested interest in the advancement of enterprise and supplier development (ESD) beneficiary entities at least 51% black owned by youth, women, military veterans and disabled people”.
https://www.defenceweb.co.za/featured/seventy-one-armscor-tenders-planned-to-april-2022/
There are of course many other reason's for Denel's demise, including rampant corruption, nepotism and incompetence - the above BEE/AA is one of the biggest reasons though, why so many highly skilled engineers have left...
While I do support some degree of BEE/AA in South Africa, the almost fanatical way it gets implemented, is not in the best interests of ALL parties concerned...