Ramaphosa Says South Africa Has No Cash for Nuclear Plants
- Country has excess electricity capacity, deputy president says
- Ramaphosa likely to succeed Zuma as South African leader
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South African Deputy President Cyril Ramaphosa, who is next in line to lead the country, said the government currently can’t afford to build new nuclear power reactors.
“We have to look at where the economy is -- we have excess power and we have no money to go for a major nuclear plant building,” Ramaphosa told reporters Thursday at the World Economic Forum in Davos, Switzerland. “We have said the nuclear process will be looked at in the broad context of affordability.”