Students of South African history will remember that while the military activities of the ANC and Pan Africanist Congress, solidarity marches of the United Democratic Front and no-confidence motions of Helen Suzman and other precursors to the DA all played their part in ending apartheid, it was the financial boycott by the international banks that was the final nail in the separate-development coffin. Today the banks, local and international, should issue a warning to Eskom that they will boycott future bond issues should the utility commence the tainted nuclear-procurement process. Business Day readers should pressure their banks and pension funds to boycott Eskom bond issues and publish their interactions with these financial institutions on social media with the hashtag #NoNuclearSA so they are all in the public domain. In the Australian state of Queensland solar panels on business and home rooftops together have greater generating capacity than the state’s largest coal-fired pow...
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