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Eskom reports interim profit of R1 6bn but it expects to record loss of R23bn for the year

Eskom reports interim profit of R1 6bn but it expects to record loss of R23bn for the year
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There is light at the end of the tunnel – Eskom

Interim CFO Martin Buys reflects on the parastatal’s first-half performance, and what is expected going to year-end.

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IPP delays worsen SA s energy constraints, says Eskom

In a “disappointing” year for Eskom, the organisation experienced a decline in operational and financial performance.

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Eskom s losses double to R24bn after horror load-shedding year

Despite some of the R254bn in debt relief announced in February starting to flow to the utility, its total debt burden rose to R423bn in 2023

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Eskom records R23 9bn loss due to poor plant performance, IPP delays

Eskom continues to grapple with debt and interest costs, with a growing debt of R423.9 billion recorded, compared R396.3 billion in 2022.

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