Question NW2498 to the Minister of Public Enterprises
11 January 2022 - NW2498
Clarke, Ms M to ask the Minister of Public Enterprises
Whether Denel Pretoria Metal Pressings, popularly known as PMP, is currently solvent and tax compliant; if not, what is the position in this regard; if so, what are the relevant details?
Reply:
According to the information received from Denel
PMP, like other divisions of Denel, has been experiencing liquidity challenges. From a tax compliance point of view, PMP is not a legal persona but an operating division of Denel. Therefore, PMP uses the tax credentials of Denel SOC Ltd. Denel is in discussions with South African Revenue Services on its overall tax compliance matter.