Advertisement
UK markets closed
  • FTSE 100

    8,382.01
    +27.96 (+0.33%)
     
  • FTSE 250

    20,535.66
    +43.67 (+0.21%)
     
  • AIM

    783.00
    +3.17 (+0.41%)
     
  • GBP/EUR

    1.1608
    -0.0014 (-0.12%)
     
  • GBP/USD

    1.2511
    +0.0013 (+0.11%)
     
  • Bitcoin GBP

    49,633.76
    -100.56 (-0.20%)
     
  • CMC Crypto 200

    1,339.48
    +39.39 (+3.03%)
     
  • S&P 500

    5,201.50
    +13.83 (+0.27%)
     
  • DOW

    39,223.57
    +167.18 (+0.43%)
     
  • CRUDE OIL

    79.08
    +0.09 (+0.11%)
     
  • GOLD FUTURES

    2,339.00
    +16.70 (+0.72%)
     
  • NIKKEI 225

    38,073.98
    -128.39 (-0.34%)
     
  • HANG SENG

    18,537.81
    +223.95 (+1.22%)
     
  • DAX

    18,679.71
    +181.33 (+0.98%)
     
  • CAC 40

    8,185.97
    +54.56 (+0.67%)
     

South Africa committed to nuclear power expansion, process to be open: Zuma

Pylons carry power from South Africa's Koeberg nuclear power plant near Cape Town, file. REUTERS/Mike Hutchings (Reuters)

CAPE TOWN (Reuters) - South Africa is committed to an "open, transparent" process to build new nuclear power plants and the government planned to go through with its plans for nuclear expansion, President Jacob Zuma told parliament on Thursday. South Africa is planning to build 9,600 megawatts (MW) of nuclear capacity, a project that could be one of the world's biggest nuclear contracts in decades. But Energy Minister Mmamoloko Kubayi said on Wednesday in Moscow that the plans will be reviewed as the country is in a recession. (Reporting by Wendell Roelf; Writing by Ed Stoddard; Editing by James Macharia)