Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News

      Court battle brewing over contentious Joburg CCTV by-law

      7 July 2025

      Biometrics boss slams home affairs over R10 ID query fee

      7 July 2025

      TCS | Connecting Saffas – Renier Lombard on The Lekker Network

      7 July 2025

      Rain’s new Loop lets you carry your Wi-Fi and music everywhere

      7 July 2025

      Medupi unit 4 rejoins grid, easing winter load shedding fears

      7 July 2025
    • World

      Cupertino vs Brussels: Apple challenges Big Tech crackdown

      7 July 2025

      Grammarly acquires e-mail start-up Superhuman

      1 July 2025

      Apple considers ditching its own AI in Siri overhaul

      1 July 2025

      Jony Ive’s first AI gadget could be … a pen

      30 June 2025

      Bumper orders for Xiaomi’s YU7 SUV heighten threat to Tesla

      27 June 2025
    • In-depth

      Siemens is battling Big Tech for AI supremacy in factories

      24 June 2025

      The algorithm will sing now: why musicians should be worried about AI

      20 June 2025

      Meta bets $72-billion on AI – and investors love it

      17 June 2025

      MultiChoice may unbundle SuperSport from DStv

      12 June 2025

      Grok promised bias-free chat. Then came the edits

      2 June 2025
    • TCS

      TechCentral Nexus S0E4: Takealot’s big Post Office jobs plan

      4 July 2025

      TCS | Tech, townships and tenacity: Spar’s plan to win with Spar2U

      3 July 2025

      TCS+ | First Distribution on the latest and greatest cloud technologies

      27 June 2025

      TCS+ | First Distribution on data governance in hybrid cloud environments

      27 June 2025

      TCS+ | First Distribution on cloud cost management in Microsoft Azure

      26 June 2025
    • Opinion

      In defence of equity alternatives for BEE

      30 June 2025

      E-commerce in ICT distribution: enabler or disruptor?

      30 June 2025

      South Africa pioneered drone laws a decade ago – now it must catch up

      17 June 2025

      AI and the future of ICT distribution

      16 June 2025

      Singapore soared – why can’t we? Lessons South Africa refuses to learn

      13 June 2025
    • Company Hubs
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • AvertITD
      • Braintree
      • CallMiner
      • CambriLearn
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • Incredible Business
      • iONLINE
      • Iris Network Systems
      • LSD Open
      • NEC XON
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Tenable
      • Vertiv
      • Videri Digital
      • Wipro
      • Workday
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Public sector
      • Retail and e-commerce
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » Gordhan calms nerves on nuclear procurement

    Gordhan calms nerves on nuclear procurement

    By Agency Staff24 February 2016
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp

    nuclear-640

    The 9,6GW nuclear energy new build programme will only proceed after a “thorough and transparent tender process”, according to treasury’s budget review.

    Following on from President Jacob Zuma’s state of the nation address this month, finance minister Pravin Gordhan’s budget review said “government will only expand such capacity at a scale and pace that is affordable”.

    It added that nuclear power “involves substantial upfront costs”.

    However, it said that over the longer term, “government has identified the need to expand production of nuclear power within South Africa’s overall energy mix”.

    In his budget address, Gordhan said department of energy (DoE) minister Tina Joemat-Pettersson will oversee the preparatory work for investment in nuclear power.

    “Funds were reprioritised to appoint a transactional advisor to assist the DoE with the call for proposals for the nuclear build programme,” treasury said.

    “An amount of R200m has been set aside to support preparatory work for nuclear procurement.”

    This amount was allocated by former finance minister Nhlanhla Nene in his mini budget in 2015.

    The statements over nuclear come after cabinet authorised the DoE to push ahead for request for proposals in December 2015, after which a Government Gazette was published.

    On Tuesday, Joemat-Pettersson told parliament that the nuclear programme should be run by the Independent Power Producer (IPP) office.

    The renewable energy IPP procurement programme has been praised internationally for government’s successful partnership with the private sector, Joemat-Pettersson told the portfolio committee on energy.

    Tina Joemat-Pettersson
    Tina Joemat-Pettersson

    The IPP office is a partnership between the DoE, treasury and the Development Bank of Southern Africa and Joemat-Pettersson also wants the auditor-general to form part of office.

    “If the IPP programme has delivered such good results, then we believe we are on the right track,” she said. “We now have an IPP for gas and coal and hence our request to do nuclear along the IPP base.”

    “We have a credible and sound unit that has worked with private sector of government,” she said.

    While the Democratic Alliance approved of the proposal, she faced stiff resistance from her own party, the ANC.

    Fin24



    Pravin Gordhan Tina Joemat-Pettersson
    Subscribe to TechCentral Subscribe to TechCentral
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleGordhan pulls tax levers in budget 2016
    Next Article Gov’t tender portal to fight corruption

    Related Posts

    Pravin Gordhan was that rare thing: an honest politician

    14 September 2024

    Pravin Gordhan, who led fight against state capture, has died

    13 September 2024

    Post Office debacle shows ANC is out of ideas

    28 May 2024
    Company News

    Huawei launches next-gen fibre-to-the-room solution

    7 July 2025

    Remote monitoring tools: IT lifesavers or hacker gateways?

    7 July 2025

    The school placement crisis is getting worse

    7 July 2025
    Opinion

    In defence of equity alternatives for BEE

    30 June 2025

    E-commerce in ICT distribution: enabler or disruptor?

    30 June 2025

    South Africa pioneered drone laws a decade ago – now it must catch up

    17 June 2025

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2025 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.