1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

South African nuclear group in tight financial situation, but optimistic about recovery

Taking Strain

By:  
Creamer Media Senior Deputy Editor
 
Nuclear – 2
The South African Nuclear Energy Corporation (Necsa) is currently facing financial pressures, confirms the State-owned group’s Chief Executive, Phumzile Tshelane to “Engineering News”. “At the moment, Necsa is under financial stress, because [subsidiary] Pelchem is loss-making and we need to support it,” he said.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register