Government about to open tenders for major nuclear programme

The government is about to move from signing framework agreements to actually opening a tender for a major nuclear programme.

The Money Show’s Bruce Whitfield interviewed Peter Attard Montalto, Emerging Markets Economist at Nomura plc London, about this development (and the latest on the rand).

Scroll down for quotes from the audio below.

We don’t need nuclear power. This is perplexing.

Peter Attard Montalto

Geopolitics is driving this to some degree.

Peter Attard Montalto

It’s possible for tendering to be transparent.

Peter Attard Montalto

There is a very deep split within the ANC between people who can’t see the point of it versus others with their own agenda who wants to push ahead.

Peter Attard Montalto

This is not necessarily going to get off the ground.

Peter Attard Montalto

There’s a risk that delays, as people take years to argue, will cause more electricity shortages.

Peter Attard Montalto

The rand is close to fair value right now.

Peter Attard Montalto

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This article first appeared on 702 : Government about to open tenders for major nuclear programme


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