Gigaba did not meet with the World Bank about SA nuclear programme, says spokesman
Spokesperson Mayihlome Tshwete has rubbished claims that Finance Minister Malusi Gigaba met with representatives of the World Bank last week to discuss financing for the development of a nuclear power programme in the country. On Monday, Bloomberg reported that Gigaba met with the Bank on November 3 to discuss funding options available to Eskom. However, it is possible the parties met over an existing World Bank loan arrangement, meant to fund the now suspended renewable-energy programme. Tshwete said on Wednesday that the focus of the engagement with the World Bank was on financing Eskom’s Medupi power plant and that Gigaba met with vice-president of the World Bank, Africa Region Makhtar Diop on October 31 and November 1.
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