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South Africa’s Finance Minister put the brakes on nuclear programme, due to the ailing economy

Fin24 29th Oct 2017, Finance Minister Malusi Gigaba says drastic steps are needed to help South
Africa’s ailing economy – including freezing senior civil servants’
salaries and selling chunks of state-owned enterprises. In an exclusive
interview with City Press on Friday, Gigaba unveiled the surprise moves,
which include slamming brakes on the country’s estimated R1 trillion
nuclear build programme, saying it is neither affordable nor currently
necessary. https://www.fin24.com/Budget/gigaba-says-no-to-nuclear-20171029-3

November 4, 2017 Posted by | business and costs, politics, South Africa | Leave a comment