Letter in 23rd October 2014 Cape Times.
There is much talk of the Russians having been awarded a nuclear contract.
As long as the Russians build
power stationswith 100
percentof their own labour and 100
percentof their own materials
,and as long as they sell the electricity at 30c
/kWh, which is what they've said it will cost
-and as long as the Russians insure South Africans for any type of nuclear risks, and as long as the power stations are delivered on time
-then I guess its ok.
Note that we have localisation at the Medupi
power station, which is over
twoyears behind schedule and 60
The current cost around R130 billion
, and8,000 locals have jobs building the power station, over
s. BUT if the station was up and running at close to full capacity as it would be by now, up to 2
,5 million more South Africans would have jobs!
South Africans are fixated on the number of jobs in infrastructure construction, but have forgotten about the millions who depend on jobs because of that construction.