An advisor at Cabinet’s now defunct energy war room says South Africa can’t afford nuclear energy and doesn’t require it in its power generation mix.
Anton Eberhard, Professor at UCT Graduate School of Business and member of the National Planning Commission on Energy, is calling on Government to remove uncertainty about nuclear and to “demonstrate that this initiative is not corrupt and will not be ruinous for the economy”.
The Money Show’s Bruce Whitfield interviewed Eberhard.
Scroll down for quotes from the audio below.
The Eskom war room doesn’t exist anymore.— Anton Eberhard
Studies have been done, but not released. This is telling.— Anton Eberhard
Treasury is asking serious questions. We’ve got a long way to go before South Africa will make any contractual agreements.— Anton Eberhard
Wind is down to 57 cents per kilowatt hour. I challenge any nuclear vendor to sign a long-term contract for less than R1 per kilowatt hour!— Anton Eberhard
Nuclear is not a very clever thing to do right now.— Anton Eberhard
The onus is on those who want nuclear to show that it won’t be ruinous for the economy and the initiative won’t be corrupt.— Anton Eberhard
The Money Show’s Bruce Whitfield interviews Windmeul Eggs Managing Director Pier Passerini.
Small and medium cap analyst Anthony Clark shares his stock pick of the week with Bruce Whitfield on The Money Show.
Financial Mail's Claire Bisseker discusses her book “On the Brink: South Africa’s Political and Fiscal Cliff-Hanger”.
The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).
Bruce Whitfield interviews newly appointed South African Nuclear Energy Corporation (Necsa) Chairperson Dr Kelvin Kemm.
Nuclear expert Dr Anthonie Cilliers discusses the suitability and affordability of the nuclear build programme.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
People do some very interesting things for a living, but some job titles are given more credit than others.
This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.
The EFF lawyer stole the show during the state capture report court battle.
Fees Must Fall activists singing the national anthem with a new melody and phrases calling it a 'decolonised national anthem'.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
Will Jack Mabaso's return to the realm of Generations boost ratings? Well it seems not all viewers are impressed by the come-back.