Jacob Zuma’s nuclear deal will be disastrous for South Africa. It will literally bankrupt us, diverting billions of rands from poverty reduction projects, while producing a nuclear white elephant in two decades’ time. But it will make a lot of money for Zuma, the Guptas and ANC cronies in the short-term and they will be long gone by the time we feel the real pain.
In Parliament last week, Energy Minister Tina Joemat-Pettersson confirmed that government is going ahead with the nuclear procurement process and Public Enterprises Minister Lynne Brown confirmed that information on the process will not be made public. In other words: “We’re going to tie you into far more debt that you can ever repay, but this is none of your business.”
This morning, a DA-assisted Mail and Guardian investigation has revealed the first concrete signs of corruption associated with the nuclear deal. A R171 million contract for the “Nuclear New Build Programme Management System” has been issued, potentially irregularly, to the son of Vivian Reddy, a close friend and ally of President Jacob Zuma. Click here to keep reading…