Jeff Radebe removes entire board of state’s nuclear firm
Yet another state-owned company is being given a shake-up due to bad performance.
Energy Minister Jeff Radebe. Picture: Oupa Mokoena / African News Agency (ANA/Pool)
Energy Minister Jeff Radebe has removed the entire board of Necsa, the state’s nuclear energy firm.
He said that he also suspended the CEO over unhappiness at how he was running the organisation, which has not produced isotopes for a year.
Min Radebe: However, the continued ineptitude and deliberate acts of defiance by some of the board members resulted in various setbacks and losses, such as the non-production of medical isotopes for over a year @Energy_ZA #NECSA #TeamEnergy https://t.co/uI13b5j5wh
— GCIS Media Liaison (@GCISMedia) December 7, 2018
Min Radebe: #NECSA continued to defy the express instructions of the shareholder & consequently, whether by commission or omission, undermined the efforts to speedily resolve the regulatory concerns to enable the resumption of the NTP production activities. @Energy_ZA
— Jeff Radebe (@radebe_jeff) December 7, 2018
Min Radebe: The acts of some defiant Board members unfortunately affected the efficacy of the entire board thereby seriously compromising ability to collectively discharge its fiduciary duties both in respect to NECSA & its subsidiaries, particularly the NTP. @Energy_ZA #NECSA https://t.co/uI13b5j5wh
— GCIS Media Liaison (@GCISMedia) December 7, 2018
The defiance of particularly the CEO is understood to in part relate to government not wanting Necsa to sign agreements with Russia, which they defied.
He published the names of the new board members on Twitter during his briefing.
The new NECSA Board
Dr Rob Adam – Chairperson
Dr Ramatselamela Masango
Mr Aadil Patel
Mr Bishen Singh
Ms Pulane Kingston
Ms Matlhodi Ngwenya
Mr Jabulani Ndlovu
Dr Pulane Elsie Molokwane— Jeff Radebe (@radebe_jeff) December 7, 2018
South Africa is the only country in history to have dismantled its nuclear weapons programme in the run-up to democratic elections, but it continues to be able to produce nuclear power. Necsa exports radioisotopes that are used in medicine (such as cancer treatments) and performs research in the nuclear energy sector.
WATCH: Minister @radebe_jeff highlights some of the challenges with the previous board. pic.twitter.com/HgvvqJz66L
— @SAgovnews (@SAgovnews) December 7, 2018
Since taking over the energy department in Cyril Ramaphosa’s new cabinet, Radebe has made a U-turn on South Africa’s commitment to a nuclear energy deal with Russia, saying it will be too expensive. He also quickly signed long-delayed agreements with independent power producers in the renewables sector.
Min Radebe: In many such instances, it appeared to be deliberate acts that ran contrary to the fiduciary duty of the Board over the affairs of #NECSA @Energy_ZA #TeamEnergy https://t.co/uI13b5j5wh
— GCIS Media Liaison (@GCISMedia) December 7, 2018
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