Eskom announces first profit in eight years
Zuko Komisa Image | @Eskom_SA /X Eskom has reported its first pre-tax profit in eight years (R23.9 billion), signalling a major turnaround from its past financial struggles. The profit was primarily driven by higher tariffs, lower primary energy costs (saving R16.3 billion on diesel), and vast improvements in plant reliability. The load shedding crisis has largely ended, with the duration of outages falling by over 97% and the estimated economic […]