Gwede Mantashe appoints new Necsa board
The previous board of the Nuclear Energy Corporation resigned in toto citing a dysfunctional relationship with the minister
Mineral resources & energy minister Gwede Mantashe has appointed seven new board members to the Nuclear Energy Corporation of SA (Necsa), with Eskom’s former chief nuclear officer Dave Nicholls as chair. This comes a week after the entire board resigned citing a dysfunctional relationship with Mantashe.
Necsa is the custodian of the country’s nuclear programmes, which include a medical radioisotopes business used in cancer treatment and fluorochemical manufacture. It has been technically insolvent since 2016 and has made a loss every year since 2014, with the exception of 2019, during which an adjustment of assets was made to the balance sheet...
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