October 25, 2017 / 12:33 PM / a year ago

South Africa to consider nuclear energy when economy recovers - Gigaba

CAPE TOWN, Oct 25 (Reuters) - South Africa will not build any new nuclear power stations in the near future due to the weak economy and a surplus supply of electricity but would consider a new fleet once the economy recovers, Finance Minister Malusi Gigaba said on Wednesday.

“Nuclear is not off the agenda. The point I have emphasized is that the country and the budget cannot afford it,” Gigaba said at a media briefing.

“When the economy is performing well and there are up takers of electricity we will take the decision at that time.”

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