First Take SA

NECSA need R500 Million bailout


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Mineral Resources and Energy minister Gwede Mantashe says the board of the Nuclear Energy Corporation of South Africa (NECSA) is being replenished to ensure good governance. Mantashe made the comments following the resignation of the parastatal's entire board. NECSA has reportedly been insolvent since 2016 and is asking government for a 500-million-rand bailout.
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