South African can't afford nuclear at the moment, says finance minister Malusi Gigaba ©David Parry/PA Images
South African can't afford nuclear at the moment, says finance minister Malusi Gigaba ©David Parry/PA Images

South Africa shelves nuclear power ambitions

26 October 2017

South Africa cannot afford new nuclear power stations, said the country’s finance minister, who has left them out of his medium-term budget.

Malusi Gigaba, finance minister, said the country would not build any new nuclear power stations in the near future because of the weak economy, but said they may be reconsidered when the economy picks up.

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