April 1, 2017 / 11:10 AM / 5 months ago

South Africa's Gigaba will not be reckless about nuclear funding

South Africa's new finance minister, Malusi Gigaba looks on after the swearing in of cabinet ministers following a reshuffle that replaced Pravin Gordhan as finance minister with Gigaba along with various other ministers and their deputies in Pretoria, South Africa, March 31,2017.Siphiwe Sibeko

PRETORIA (Reuters) - New South African Finance Minister Malusi Gigaba said on Saturday he would not be "reckless" when it came to funding for controversial plans to add more nuclear power to the energy mix of Africa's most industrialised economy.

"The principle stands that it will be implemented at a pace and scale that the country can afford ... I don't think we will or should try to be reckless about it," Gigaba said in response to a question about the programme at a media briefing.

Reporting by Mfuneko Toyana; Writing by Ed Stoddard; Editing by Alexander Smith

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