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Ramokgopa dissolves Necsa board amid salary controversy, new appointments within weeks

The Mercury

|

September 22, 2025

THE outgoing chairperson of the South African Niiclear Energy Corporation (Necsa), David Nicholls, has backed Electricity and Energy Minister Kgosientsho Ramokgopa’s decision to dissolve the entity's troubled board and appoint a new one, following a string of resignations and disputes over executive pay.

- BANELE GININDZA

Appearing before Parliament's Portfolio Committee on Electricity and Energy on Friday, Ramokgopa confirmed plans to appoint a new board within three weeks.

Ramokgopa remarked that recent events within Necsa indicated a concerning trend where board members prioritised salary discussions over critical strategic issues that affect the mandate of the organisation.

The board had disintegrated because of controversy surrounding the increase in CEO Loyiso Tyabashe's salary. Some board members had raised questions about the way salary increases had been implemented by Tybashe, resulting in an internal audit being instituted.

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time to read

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time to read

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time to read

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R60bn class action lawsuit against banks hits critical stage over inclusion of new evidence

THE long-running R60 billion class action bid against South Africa's major banks reaches a critical procedural stage today as the Gauteng High Court will hear an interlocutory application that could determine how much evidence will ultimately be allowed before the court.

time to read

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