South Africa Budgeting $12B for Energy Investments Over Next 3 Years

Reuters

PRETORIA, May 9 (Reuters) - 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) (Reporting by Mfuneko Toyana; Writing by Ed Stoddard; Editing by James Macharia)

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