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Treasury still crunching numbers for nuclear

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Johannesburg - Even though Eskom is the procurer of the nuclear build programme, if the power utility defaults on its debt, it will still be Treasury’s responsibility to foot the bill, according Directory-General Lungisa Fuzile.

Fuzile was speaking at a press briefing on Saturday, along with newly appointed Finance Minister Malusi Gigaba and his deputy Sfiso Buthelezi. He was responding to a question about the funding of the nuclear build programme.

This is in light of the fact that there was no allocation made to nuclear in the National Budget delivered by former Finance Minister Pravin Gordhan in February.

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