Necsa fights off Gwede Mantashe’s tentacles

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A mysterious letter, which states that Gwede Mantashe has removed the mandatory powers of the board at the Nuclear Energy Corporation of SA (Necsa), landed on the desk of the company’s acting chief executive, Ayanda Myoli, at the end of last month

The document, which the Necsa board handed over for legal opinion, purports to grant Mantashe far-reaching powers over the corporation.

The author advises Necsa to seek support and guidance from Zulu where “urgent decisions” are required, or from Mantashe’s office where a high-level political intervention is required.However, confidential records in City Press’ possession show that Mantashe was of the opinion that the Necsa board did not quorate, and so the body was illegitimate.

The author advises Necsa to seek support and guidance from Zulu where “urgent decisions” are required, or from Mantashe’s office where a high-level political intervention is required. On Thursday, Necsa said that, “concerning the ‘undated letter’ from [Zulu] … a formal signed version thereof has not yet been received by Necsa”.

But, added Shabangu, “the ministry is on record that among its priorities is the need to ensure proper governance at all state-owned enterprises in the minerals and energy portfolio, including Necsa”.

 

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The fact that Gwede Mantashe and Nathi Mthethwa are still cabinet ministers, despite serious corruption allegations, is a serious indictment on CyrilRamaphosa leadership!

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