Finance Minister confirms Eskom will head up nuke programme

Energy expert and managing director at EE Publishers, Chris Yelland, says Eskom has better commercial and technical resources to successfully run and manage the procurement of the nuclear deal.

Yesterday during his Medium Term Budget speech, Finance Minister Pravin Gordhan announced that Eskom will be in charge of the nuclear procurement programme and the Department of Energy will be the coordinating agent.

Yelland says there are still a lot of details to be resolved, which will include Treasury, procurement agency and business model.

We don't know at the moment whether we need nuclear, and if we do need it how much do we need and how much it's going to cost.

Chris Yelland, energy expert

Listen to Yelland below for more information...

Read More
Nuclear summit takes aim at unsecured bomb material

Nuclear summit takes aim at unsecured bomb material

Dozens of world leaders gather in Washington next week for an unprecedented meeting on nuclear security,...

Russia says may lift veil on nuclear arsenal

Russia says may lift veil on nuclear arsenal

Russia said on Wednesday it may lift the veil of secrecy over its nuclear arsenal after a new strategic...

Eskom asks workers to quit

Eskom asks workers to quit

Eskom is battling fuel shortages, financial constraints and rolling blackouts.

Eskom: Load shedding will be ongoing problem without bailout

Eskom: Load shedding will be ongoing problem without bailout

Eskom says it will run out of money to buy diesel by the middle of next month.

 Energy minister snubs energy crisis briefing in Parly

Energy minister snubs energy crisis briefing in Parly

Tina Joemat-Pettersson has come under fire for not attending a briefing over SA’s energy disaster.

Eskom seeks means to reduce costs & raise funds

Eskom seeks means to reduce costs & raise funds

Eskom announced on Monday that it’s pulling the plug on all bonuses because of its current financial crisis.

SA to host global renewable energy conference

SA to host global renewable energy conference

Energy Minister Tina Joemat-Pettersson says the SAIREC conference bring together over 30 countries.

Energy crisis: Opposition MPs slam dept’s five-point plan

Energy crisis: Opposition MPs slam dept’s five-point plan

MPs said the Energy Department's energy crisis plan did little to allay the fears of South Africans.

Govt’s 5-point energy plan re-emphasised at Energy Indaba

Govt’s 5-point energy plan re-emphasised at Energy Indaba

The Energy Department says infrastructure for sustainable energy depends on co-operation from its neighbours.

SA readying itself for nuclear energy

SA readying itself for nuclear energy

Energy Minister Tina Joemat-Pettersson says nuclear energy will become a reality.

Nuclear terrorism fears loom over Obama's final atomic summit

Nuclear terrorism fears loom over Obama's final atomic summit

Obama will convene leaders from several countries in Washington for his 4th and final Nuclear Security Summit.

Treasury, Eskom in public spat over Gupta company

Treasury, Eskom in public spat over Gupta company

Treasury says Eskom is lying when it claims it’s been cooperating with the review into its deals with Tegeta.

Popular articles
Ex-cyclone Dineo to hit Limpopo, Mpumalanga overnight - SA Weather Service

Ex-cyclone Dineo to hit Limpopo, Mpumalanga overnight - SA Weather Service

Despite the downgrade, residents in parts of Limpopo and Mpumalanga can still expect flooding and heavy rains.

Former Massmart employee threatened for speaking out on racial pay disparity

Former Massmart employee threatened for speaking out on racial pay disparity

Phathuxolo Maqavana has accused Massmart of paying him less than his white colleague, despite being on the same job level.

Vaal Dam levels increase by 5.2%

Vaal Dam levels increase by 5.2%

Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.