France produces 71% of Electricity from Nuclear where 40% of Uranium is from Niger. They don't have Loadshedding. South Africa rejected a 9.6 GW Nuclear from the 2010 Intergrated Resource Plan at R100/MWh and opted for French Renewable Energy at R2300/MWh. They have Loadshedding.
The Intergrated Resource Plan (IRP) clearly and extensively detailed how the Nuclear Program would benefit South Africa at large and how it's finance model structure was to be execute. One of those structures was Nuclear Intergovernmental Agreement between BRICS Member Countries.
Another Agreement was between South Africa and Russia through the "Promotion and Reciprocal Protection of Investments" had agreed on building Nuclear Plants in South Africa to expand SA's Economic, Scientific, Technological advancements and build Arsenals for the SA Defense Force
What's interesting about this whole energy conversion in SA whether or not Nuclear was/is a right source for electrical generation is a fact the Apartheid Regime built a [Koeberg] Nuclear Plant to fast track Industrialization that has been active since 1984 and no complications
Eskom CEO, Brian Molefe told Parliament with Opposition Parties [DA, EFF, IFP etc] present how Eskom benefits with cheapest Electricity production from Koeberg. And that Eskom was ready to build Nuclear. MPs rejected this program and opted for IPPs at 30% Annual Cost Increases
Costs to produce Electricity for Eskom as of December 2020:
Coal = R 397
Nuclear = R 100
Renewable Energy (IPPs) = R 2 347
IPPs cost 23% of Eskom Expenditure while producing only 4.8% of Electricity to the National Grid. That's R 220 Billion spent by Citizens for 4.8% of Power
I blame Guptas for lying they own Uranium Mine cause Floyd and Malema kept nagging Molefe about "Nuclear benefitting Guptas". Thuli Madonsela's Star witness who submitted Facebook Posts to Zondo Inquiry said SA will be slaves to Guptas if nuclear is passed and Nuclear got blocked
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When He assumed office in 2009 South Africa’s Economy fell by over -2.5% due to the Financial Crisis
In 2010 SA’s GDP rebounded by a 3% Growth, interest rate from 15% in 2008 to 7% in 2013 and made Policies such as 51% Black Coal Supply at Eskom #ZumaDay
In 2014 Zuma established Special Economic Zones (SEZ) through attracted Foreing Direct Investments. SEZ gives 15% Tax Incentives (tax relief) for Businesses on SEZ. Also give Tax Allowance to Fund Businesses with Capital and Training it’s Staff called 12I Tax Allowance and more.
In 2015 as part of Transforming the Agricultural Sector, Zuma launched Agri-Parks Program which created 146,000 Agro-Process Jobs for Black Small Holder Farmers in SMMEs. This Program gave Farmers 70% Ownership of the wealth created and traded in mainstream Agricultural Sector.
Did you know South Africa’s Lockdown costs the economy R13 billion per day and SARB estimates that about over 370,000 Jobs are going to be lost because of Covid19 Pandemic. But there is a Possible Way for South Africa to have a Lockdown without Economy and public health hindrance
South Africa faces three interrelated problems. The public health threat from the COVID-19 pandemic, the economic and health effects of the lockdown, and a range of intractable economic problems such as high unemployment, low economic growth and falling per capita income.
Focusing only on the health challenges and not economic issues will result in great economic costs, and will undermine the health imperatives. It’s evident a protracted lockdown applied by SA won’t necessarily have an effect of ridding South Africa of Coronavirus.
Did you know that SAA was Looted R6.4 BN by Aerosud in a Five Year Irregular Contract meant for SAA to buy 8 Military Transport Aircraft from European Aircraft Giant, Airbus. Herman Mashaba owns 54% out of 68% of the BEE transaction deal with Aerosud that looted Billions from SAA
Aerosud benefited substantially in recent years from the Department of Trade and Industry in the : Industrial participation policy with contracts worth R4 Billion in Five Years.
These contracts flow almost entirely from the offset obligations created by the state or parastatal aircraft purchases, notably SAA’s acquisition of Boeing Passenger Jets. The SANDF planned acquisition of a fleet of Airbus A400M military transport aircraft.