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South Africa says it has put aside ZAR200m ($14.7m) in preparation for its nuclear energy programme to ease pressure on growth caused by ongoing electricity shortages. "National Treasury is working with the Department of Energy to consider the costs, benefits and risks of building additional nuclear power stations," the treasury said in its medium term budget policy statement. South African Finance Minister Nhlanhla Nene has previously pledged that the nuclear programme will be transparent, answering concerns among opposition parties that the government is moving ahead without proper disclosure. South Africa has signed agreements with several countries as it starts its nuclear build programme to develop 9,600MWe of nuclear energy by 2030.

Date: Saturday, 24 October 2015
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