SA’s nuclear energy programme has to be implemented "in such a way that it doesn’t undermine the fiscal integrity of the country"‚ Deputy Finance Minister Mcebisi Jonas said on Thursday. "The expenditure you undertake on building energy infrastructure ultimately will have to be paid by end users‚" he told Radio 702‚ commenting on his boss‚ Pravin Godhan’s medium-term budget policy statement a day earlier He said the energy "tariff … has a direct bearing on growth issues etc‚ so you have to sensitive to this". Jonas would not‚ however‚ be drawn on questions that the Gupta family had offered him R600m in inducements in return for him pushing for the approval of the nuclear procurement programme. The offer of the R600m, to be paid in instalments, was reportedly made on same the day the politically connected family allegedly offered him the job of finance minister (Nhlanhla Nene was in the job at the time) as well as R600,000 in cash. The explosive claim was reported to be contained in ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.