South Africa's Eskom expects to turn profitable in 2025

Eskom Must Have Enough Electricity To Support the South African Economy
The Electricity Minister Kgosientsho Ramokgopa outlined Eskom's plans for 2025 and shared its achievements for 2024, including keeping loadshedding at bay.
South Africa's Eskom expects to turn profitable in 2025 after wider $3 billion loss
Eskom expects to report a full-year profit of more than 10 billion rand ($546 million), its first profit in eight years, thanks to operational stability and government's debt relief package, its CEO said as the power utility reported a wider loss on Thursday.
South Africa: Eskom 'Lessons' Can Be a Template for SOEs
"It's a template you can take to any of the SOEs [State-owned Enterprises]... of course, adapt it to the nuances of that particular SOE. But I think there are transversal experiences that can be drawn from the Eskom experience," he said.
Eskom targets R10bn profit for 2025 after swinging to a R55bn loss
Eskom yesterday announced that it was aiming at an after-tax profit of R10 billion for the financial year ending March 2025 after suffering a loss of R55bn in the financial year ended March 2024.
Eskom forecasts first profit since 2017 despite mounting losses and municipal debt
Eskom forecasts a 10 billion-rand profit for 2025, tackling record losses, municipal debt, and ambitious capital spending plans.
South Africa's Eskom reports $3 billion loss on transmission unit split
By Nqobile Dludla JOHANNESBURG (Reuters) -South African utility Eskom on Thursday reported a higher full-year loss of 55.0 billion rand ($3 billion) because of a one-off charge linked to the separation of its transmission unit,
South Africa Utility Eskom Forecasts First Profit Since 2017
South African power utility Eskom Holdings SOC Ltd. forecast a return to profit for the first time since 2017, even as it recorded a sharp increase in losses for the last financial year.
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SA Achieves Longest Load Shedding-Free Period; Eskom Performance Improves
Minister Ramokgopa emphasized the importance of marking this achievement as part of South Africa’s larger goal to end load ...
South Africa’s Eskom faces ‘existential problem’ as local councils fail to pay their bills
South Africa’s government has warned that power utility Eskom is facing an “existential crisis” after the amount of unpaid ...
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Ramokgopa lauds Eskom’s improved performance
Energy Minister Kgosientsho Ramokgopa has lauded Eskom's energy generation team for sustaining the longest period of no load shedding in five years.
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Ramokgopa wants NERSA to reject Eskom’s 36% tariff application
Minister of Electricity and Energy Kgosientsho Ramokgopa is confident that NERSA will not approve Eskom's proposed 36% tariff ...
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Eskom’s annual results reflect a turbulent year - Ramokgopa
Speaking about the report, he acknowledged the immense challenges faced by the state-owned power utility, which has grappled ...