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Assessing and promoting civil and minority rights in South Africa.

[Source: Africanews.]

South Africa plans to sign more transparent nuclear power agreements with five foreign countries after a high court blocked a deal with Russia due to a lack of oversight, the energy ministry said on Saturday.

South Africa signed intergovernmental agreements with Russia, France, China, South Korea and the United States in 2014 as part of plans to build a fleet of nuclear power plants at a cost of between $30 billion and $70 billion.

Many investors view the scale of the nuclear plan as unaffordable and a major risk to South Africa’s financial stability, while opponents of President Jacob Zuma say the deal will be used as a conduit for corruption.

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South Africa at a Glance
55 910 000 (mid 2016 estimate)
6.1% y/y in March 2017 (CPI) & +5.2% y/y in March 2017 (PPI)
0.3% q/q for the 4th quarter of 2016
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