THE BAD

Finweek English Edition - - IN BRIEF -

State-owned nu­clear firm Necsa, based at Pelind­aba near Brits, has asked Trea­sury for a bailout of R212m to en­able it to pay its nearly 2 000 staff mem­bers this month, the Sun­day Times re­ported. Necsa has failed to pay sup­pli­ers since Novem­ber last year. It em­ploys the core of SA’s nu­clear skills, with the fi­nan­cial trou­bles caus­ing fears of an ex­o­dus of its nu­clear sci­en­tists.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.