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South Africa scraps Russian nuclear plant plans

South Africa scraps Russian nuclear plant plans

By Jean-Jacques Cornish Led by their former Finance Minister Pravin Gordhan, South Africans breathed a sigh of relief when President Cyril Ramaphosa scrapped plans to buy a nuclear power plant from Russia that would have been ruinously expensive. But the saga is not over.

Energy Minister Gwede Mantashe said this week that South Africa is still in the market for nuclear energy, provided it can be purchased economically.

The financially hamstrung Electricity Supply Commission is becoming a millstone around the exchequer’s neck, by failing to meet its crippling debt burden…… http://en.rfi.fr/africa/20190824-south-africa-cancel-russia-nuclear-plant-order-economy-ramaphosa

August 26, 2019 - Posted by Christina Macpherson | politics, South Africa

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