Fin24 reports that the Nuclear Energy Corporation of SA (Necsa) acknowledged on Monday that its ability to pay salaries to employees at the end of January was at doubt.  

Necsa's acting CEO, Ayanda Maloyi, apparently told employees earlier on Monday that the company would not be able to pay salaries at the end of the month.  Last week, the three remaining members of the Necsa board handed in their resignations to Minister of Mineral Resources and Energy, Gwede Mantashe, which the Organisation Undoing Tax Abuse (Outa) blamed on interference from government.  Necsa spokesperson Nikelwa Tengimfene commented as follows on the situation:  "Necsa is currently facing serious financial difficulties and management is working with the department of mineral resources and energy to find a solution.  Urgent priority will be given to ensure that salaries for staff are paid on time."  Speaking to reporters last week, when asked about the board resignations and the alleged interference that caused them, Mantashe said there was no way to protect Necsa from financial and operational risks without improving its governance first.

• Read the full original of the report in the above regard by Khulekani Magubane at Fin24
• Read too, Former Eskom chief nuclear officer appointed chair of Necsa, at Moneyweb

Get other news reports at the SA Labour News home page