South Africa Country budgeting $12B for energy investments over next 3 years

The document also says that the government is looking at ways to sell non-strategic state assets.

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Pylons carry electricity from South African power utility Eskom's Koeberg nuclear plant near Cape Town, in this picture taken November 28, 2015. play Pylons carry electricity from South African power utility Eskom's Koeberg nuclear plant near Cape Town, in this picture taken November 28, 2015. (REUTERS/Mike Hutchings)
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South Africa is budgeting 180 billion rand ($12 billion) for energy investment over the next three years, according to a document released Monday outlining steps taken by a government-business team tasked with finding ways to spur growth.

The document also says that the government is looking at ways to sell non-strategic state assets.

The task team reported to President Jacob Zuma on Monday.

($1 = 15.1790 rand)

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