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'0002015/162014/152013/142012/13
AUDIT OUTCOMEFinancially UnqualifiedDisclaimerFinancially UnqualifiedClean Audit
Current Assets1 471 8991 267 7001 164 0781 100 529
Non-Current Assets4 673 9301 557 1051 215 1971 172 084
Total Assets6 146 1362 824 8052 379 2752 272 613
Current Liabilities649 837615 588507 967514 430
Non-Current Liabilities4 440 0421 487 467924 515870 572
Total Liabilities5 091 1422 103 0551 432 4821 385 002
Total Net Assets1 054 994721 750946 793887 611
Total Revenue5 143 7062 083 7821 857 3471 807 505
Revenue from Exchange Transactions4 566 9811 563 7061 148 0011 184 969
Revenue from Non-Exchange Transactions576 725520 076709 346622 536
Total Expenditure(4 970 040)(2 104 398)(1 848 595)(1 690 416)
Employee Costs(803 457)(717 481)n/an/a
Surplus/(Deficit) for Year173 666(20 616)8 752117 089
Net Cash Flows from Operating Activities466 172143 676117 571192 162
Net Cash Flows from Investing Activities(361 072)(209 504)(180 281)(245 693)
Cash & Cash Equivalents at End of Year698 777606 110467 877460 805
Unauthorised Expenditure----
Irregular Expenditure--5 792-
Fruitless & Wasteful Expenditure1 023165156117
Posts Approvedn/an/an/an/a
Posts Filledn/an/an/an/a
SourcesAnnual Report n/a Annual Report n/a
NoteNot audited by AGSA. Independent Audit Report.

Overseeing Department/Entity

Annual Reports

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