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.
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.
Pylons carry electricity from South African power utility Eskom's Koeberg nuclear plant near Cape Town, in this picture taken November 28, 2015.
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The task team reported to President Jacob Zuma on Monday.
($1 = 15.1790 rand)
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