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

SA put in its BRICS pecking order place in Fortaleza

For South Africans, most of the excitement ended even before the BRICS Summit in Fortaleza began earlier this week. After the previous summit in Durban, hopes were high that the $100bn BRICS Development Bank would be headquartered in Johannesburg. The South Africans had done most of the work on putting the structure together, and as … Read more