Nick Hedley, Financial journalist

Came across an article from Financial Journalist, Nick Hedley, and he says that Based on the original Turkish agreement with Karpowership, SA would have to fork out an estimated R218 billion over 20 years for a measly 1 220MW of power equating to about R11 billion a year for a one-stage reduction in load shedding. Nick says that the current deal doesn’t make sense as we’d be overpaying for a solution which insufficient in alleviating SA from the current loadshedding challenges and that SA should rather look to China for a more adequate solution