Opposition Grows to South Africa’s $100 Billion Nuclear Plan
- Ruling ANC calls for `transparent' cost-benefit analysis
- Finance Minister Nene says nuclear deal must be `affordable'
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South Africa’s plans to build new nuclear plants costing as much as $100 billion are encountering mounting opposition from within the government and ruling party over the project’s affordability.
While Energy Minister Tina Joemat-Pettersson insists contracts to build new reactors will be awarded by the end of March, the ruling African National Congress and National Treasury have sounded warnings that the country may be unable to afford the cost. Labor unions that support the ANC and opposition parties have voiced similar concerns.