South Africa: Load Shedding At Bay, Profits Up - Eskom Announces R23.9bn Profit Before Tax

Eskom turns profit after eight years, eyes bond market by 2028

South Africa’s Eskom reports first profit in eight years, cuts debt, and plans renewable expansion while navigating municipal payment challenges.

South Africa: state-owned utility Eskom makes first profit in eight years

It's a silver lining for South Africa's electricity market and wider economy: utility Eskom made a 16 billion rand profit in the financial year ending in March 2025, the first since 2017. But some uncertainties remain.

South Africa: Load Shedding At Bay, Profits Up - Eskom Announces R23.9bn Profit Before Tax

[SAnews.gov.za] In a landmark turnaround in fortunes, Eskom has announced a profit before tax of some R23.9 billion - its first return to profitability in some eight years.

Eskom in the BLACK with R16 billion profit

Eskom has announced a profit after tax of R16 billion for the full year ending March 2025, up from a massive R55 billion loss recorded in the previous year. Image: Eskom financial presentation The power utility noted that the profit was driven by significant cost reductions in its primary generation costs, and reduced spending on open-cycle gas turbines. The group recorded a profit before tax of R23.9 billion (2024: loss of R25.5 billion), marki…

Eskom reports profit for the first time in eight years

310 days without load-shedding, says board chair Mteto Nyati

Eskom posts its first profit in eight years, of R16-billion, as turnaround gains traction

Eskom is entering a new era with new power providers on the scene and no further prospects of bailouts from the Treasury.