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South African nuclear deal to boost debt – Safcei

The Southern African Faith Communities’ Environment Institute (Safcei) told South African President Jacob Zuma and the Minister of Energy on Tuesday that it was worried about the country’s planned nuclear deal triggering a surge in debt. The faith-based NGO said it had delivered a letter to the office of the South African Presidency and Minister of Energy. Safcei Executive Director Francesca de Gasparis said this added burden to the country’s debt level would be due to potential investor disputes around South Africa’s intergovernmental agreements (IGAs) for nuclear power.

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