Parliamentary Committee opposed to retrenchments at Necsa
World News: 08:52 GMT Thursday 29th August 2019. [Engineering News via SPi World News]
Parliament’s Portfolio Committee on Mineral Resources and Energy is opposed to any retrenchments at the South African Nuclear Energy Corporation (Necsa) in order to cope with the corporation’s current financial crisis. This was made clear during an oversight visit by the Committee to Necsa on Wednesday.
Necsa briefed the Committee that, during the 2018/2019 financial year, it had had a cash shortfall of R463-million. It had also forecast an additional shortfall of R325-million during the current financial year.
“Although a turnaround strategy will be finalised in two months, in the meantime the committee should be provided with a written plan that will be implemented urgently to prevent imminent job losses,” said Committee Chairperson Sahlulele Luzipo. “We also invite the organised labour [sic] to write to the Committee with regard to what they believe to be problem areas within the entity and proposed intervention.”
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