Friday, September 2, 2011

Pelindaba: One of few profitable parastatals in South Africa

South Africa is home to the world’s leading radioisotope production nuclear reactor — Safari-1 at Pelindaba in Gauteng — which last year generated medical isotope sales totalling R795m
by Sarah Wild, Business Day, 1 September 2011

The profit-turning parastatal, the Nuclear Energy Corporation of SA (Necsa), last year saw sales of R1bn, with a group profit of R163m — earning it a place of honour as one of SA’s few profitable parastatals.

The 46-year-old Safari-1 reactor, also known as the South African Fundamental Atomic Research Installation, was provided by the US as part of its Atoms for Peace programme. "It’s a 20MW … material test reactor, which means it’s not used for electricity generation," says Necsa spokesman Elliot Mulane.

For a full version of the article, click HERE

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