Nuclear Plants, Cannabis Seen Spurring South African RevivalPosted by On


Everybody Wants to Be a Cannabis Farmer in This Corner of Europe

Photographer: Konstantinos Tsakalidis/Bloomberg

A draft plan aimed at reviving the South African economy in the wake of the coronavirus provides the first hints of how programs ranging from infrastructure investment to improving public transport will be funded.

The government began drafting the plan in conjunction with business and labor groups several months ago in a bargaining forum known at the National Economic Development and Labour Council. A version that was discussed by the cabinet this week and seen by Bloomberg reiterates calls made in previous drafts for massive spending on power stations and transportation links.

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