Giulietta Talevi

1 week ago | currencynews.co.za | Rob Rose |Giulietta Talevi

South Africa’s government is itching to press “go” on another nuclear building plan, less than a decade after former president Jacob Zuma’s conflict-ridden R1.2-trillion nuclear deal with Vladimir Putin’s Russia fell apart. But the odds of any new nuclear assets going online anytime soon remain slim. Speaking at a side event around the G20 energy group last week, electricity minister Kgosientsho Ramokgopa launched a full-throated argument for South Africa creating new nuclear energy capacity.

2 weeks ago | currencynews.co.za | Tim Cohen |Giulietta Talevi

After arguing relentlessly that South Africa’s fiscal predicament desperately required a VAT increase, the ANC has blinked. The reasons it did so are simple and complicated, economists say. The simple reason the ANC caved is because it did not have the votes to push through even a much-diminished VAT increase.