NewsPREMIUM

SA open to future Russian nuclear deal, says ANC’s Paul Mashatile

The party’s treasurer-general also called for greater private sector investment in Eskom

ANC treasurer-general Paul Mashatile. Picture: SUNDAY TIMES
ANC treasurer-general Paul Mashatile. Picture: SUNDAY TIMES

The ANC wants greater private investment in struggling state-owned power utility Eskom, treasurer-general Paul Mashatile said on Thursday.

Mashatile said the party was holding discussions about splitting up Eskom’s operations.

He was speaking during a business breakfast on the sideline of a Brics summit in Johannesburg.

Cash-strapped Eskom reported a R2.3bn loss for the financial year to end-March.

Mashatile also said SA could not, for now, afford massive nuclear expansion, and SA’s strategy on nuclear energy should be to avoid a "big bang approach".

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Comment icon