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Government to accelerate nuclear programme

The  National Executive Committee (NEC) of the ANC has announced that government has been tasked to come up with a concrete programme to accelerate South Africa’s nuclear programme following a Lekotla held in Pretoria.

How is South Africa going to pay for the nuclear deal?

How is South Africa going to pay for the nuclear deal?

Other recommendation emanating from the Lekotla was that  a ceiling on land ownership of a maximum 12 000 hectares or 2 farms be introduced.

Land ownership by foreign nationals will also be prohibited. They will however be able to access land through leaseholds, a decision that will surely see investors shy way from South Africa.

The current energy shortfalls were identified as a binding constraint to higher economic growth and development, with there being insufficient development of generation capacity.

Nuclear power was identified by the Lekotla as one of the answers to the energy crises facing South Africa, despite the National Development Plan stating that nuclear will be too expensive for South Africa.

Jeffreys Bay will be directly affected should the government decide to continue with a nuclear deal as Thyspunt has been identified as the preferred site for the first of six nuclear reactors that will be build along the South African coastline.

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