The SA government has already concluded a framework agreement with Russia as a precursor to the actual procurement process. The Russians are widely considered as favourites to win the contract, partly as a result of their own “aggressive” press release late last year, that created the impression they’ve got it in the bag.

The Russians further believe they have made a very strong and detailed proposal to the South African government about their offering, especially with regard to localisation, which is a key requirement aimed at the development of a local nuclear industry.

Available: http://www.moneyweb.co.za/news/industry/exchange-rate-may-favour-sa-in-nuclear-deal-russian/