Dysfunctional state nuclear firm Necsa defers paying its licence fees

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South Africa Headlines News

Necsa had hoped to borrow R45m from subsidiary NTP Radioisotopes but that request was reportedly declined 🔒

The Nuclear Energy Corporation of SA “is exploring various options” to keep itself afloat and pay employees salaries at the end of March, and have deferred licence fees for the first quarter of 2020.

Necsa had hoped to borrow R45m from subsidiary NTP Radioisotopes but this request was reportedly declined.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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