Dear Portfolio Committee on Defence and Military Veterans,

I hereby sub, it to propose a new financing model that will ensure DENEL is sustainable in the next 10 years. Under this business model, all new investments will be channeled through an SPV to be controlled by the investors.
An investment of $500,000,000 is therefore proposed against Denel providing the necessary guarantees against the debt and equity financing structure.
CFOs of the subsidiaries and divisions will be accountable to the SPV and be allocated the financing on a quarterly basis upon proven submission of the USE OF THE FUNDS.
it is the only way DENEL and jobs can be saved.