South African Nuclear Energy Corporation (NECSA)

Contact Details

Physical: Elias Motsoaledi Street (Church Street West Extension), Pelindaba, Madibeng District, North West, 0240
Postal: PO Box 582, Pretoria, 0001
Tel: 012 305 4911
Fax: 012 305 3111


The mission of the South African Nuclear Energy Corporation SOC Ltd (NECSA) is to develop, utilise and manage nuclear technology for national and regional socio-economic development through: applied research and development; commercial application of nuclear and associated technology; fulfilling the state's nuclear obligations; contributing to the development of skills in science and technology; total commitment to health, safety and care for the environment; developing and empowering its human resource base; and satisfying stakeholder expectations.

Office Bearers/Management

Amb M Seekoe
Chief Executive Officer
Mr P Tshelane

Amb MJ Seekoe
Deputy Chairperson:
Amb NJ Mxakato-Diseko
Board Members:
Mr J Kellerman
Mr MMEG Khoathane (Chairperson: Social and Ethics Committee)
Prof T Majozi (Chairperson: Research, Development and Technology Committee)
Mr ZS Mbambo
Ms MM Mokuena (Chairperson: Investment and Finance Committee)
Ms PE Monale
Adv N Shaik-Peremanov
Mr PZR Zwane (Chairperson: Audit and Risk Committee)
Chief Executive Officer:
Mr Phumzile Tshelane
Chief Financial Officer:
Senior Management:
Ms N Dayaram (Group Executive: Finance and Information Management)
Dr WvZ de Villiers (Group Executive: Strategy and Performance)
Ms CC Janneker (Group Executive: Marketing and Communication)
Mr X Mabhongo (Group Executive: Corporate Services)
Mr AC Mabunda (Chief Legal Advisor and Company Secretary)
Dr R Masango (Group Executive: NURAD)
Mr DM Moagi (Group Executive: Human Resources)
Mr LJ Shayi (Group Executive: Nuclear Compliance and Services)
Mr AC van der Bijl (Group Executive: Nuclear Technology Industrialisation)
Dr Z Vilakazi (Group Executive: Research and Development)
Communications Officers:
Mr Elliot Mulane

Financial Information

All Financial Values: R'0002016/172015/162014/152013/14
AUDIT OUTCOMEFinancially UnqualifiedFinancially UnqualifiedDisclaimerFinancially Unqualified
Current Assetsn/a1 471 8991 267 7001 164 078
Non-Current Assetsn/a4 673 9301 557 1051 215 197
Total Assetsn/a6 146 1362 824 8052 379 275
Current Liabilitiesn/a649 837615 588507 967
Non-Current Liabilitiesn/a4 440 0421 487 467924 515
Total Liabilitiesn/a5 091 1422 103 0551 432 482
Total Net Assetsn/a1 054 994721 750946 793
Total Revenuen/a5 143 7062 083 7821 857 347
Revenue from Exchange Transactionsn/a4 566 9811 563 7061 148 001
Revenue from Non-Exchange Transactionsn/a576 725520 076709 346
Total Expendituren/a(4 970 040)(2 104 398)(1 848 595)
Employee Costsn/a(803 457)(717 481)n/a
Surplus/(Deficit) for Yearn/a173 666(20 616)8 752
Net Cash Flows from Operating Activitiesn/a466 172143 676117 571
Net Cash Flows from Investing Activitiesn/a(361 072)(209 504)(180 281)
Cash & Cash Equivalents at End of Yearn/a698 777606 110467 877
Unauthorised Expendituren/a---
Irregular Expendituren/a--5 792
Fruitless & Wasteful Expendituren/a1 023165156
Posts Approvedn/an/an/an/a
Posts Filledn/an/an/an/a
Sources n/a Annual Report n/a Annual Report
NoteNot audited by AGSA. Independent Audit Report.

Overseeing Department/Entity

Annual Reports

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RCM School of Excellence
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Chartered Institute Of Government Finance, Audit & Risk Officers