Russian nuclear contract a false alarm; raises frenzied warning for corruption watch in SA

By Peter Fabricius Media reports this week that South African Energy Minister Tina Joemat-Pettersson and Sergey Kirienko, Director-General of Russia’s State Atomic Energy Corporation, Rosatom, had signed a US$50 billion deal for Rosatom to build up to eight nuclear power stations – and a research reactor – in South Africa caused something of a, well, atomic … Read more

$50bn nuclear deal: “Dooming SA to darkness and poverty”

Shortly after news broke last night that South Africa has agreed a $50bn nuclear power plant deal with Russia’s State-owned Rosatom, one of the country’s leading economists emailed me thus: “All my energy research reports can be put in the trashcan. Please do not quote me by name but I would say: ‘Doomed to darkness … Read more