Eskom has issued a stern warning to homeowners with rooftop solar systems, stating that all installations must be registered with the utility or risk being deemed illegal—a process that could be ...
The Auditor General of South Africa (AGSA) has given power utility Eskom another qualified audit for the 2023/24 financial year, raising the alarm over the group’s financial viability amid ...
The Auditor General (AG) said Eskom is in serious financial trouble, with R57 billion in operating losses and current liabilities exceeding current assets by R50 billion. The AG presented her ...
CAPE TOWN, Jan 30 (Reuters) - South Africa's energy regulator on Thursday granted state power utility Eskom an average tariff increase of 12.7% for 2025/26, a third of what the debt-laden company ...
While Eskom has reported a significant profit for the first half of the 2025 financial year, this is only due to its transmission business, as its generation and distribution arms continue to ...
Eskom projected the profit after going almost a year without any load shedding, with savings in open cycle gas turbine spending of over R11 billion. Picture ...
Eskom and PricewaterhouseCoopers (PwC) have settled a high court case initiated by Eskom in 2021. On Wednesday, Eskom announced that PwC will pay a sum of R43 million in a full and final ...
A turnaround in the finances of Eskom has won praise from investors but they are keeping their eyes on one issue — the company’s struggle to recoup some R95 billion in unpaid electricity bills from ...
"The optics looks really bad that it happens to be on the day that Eskom got the news that they're only going to get a third of their requested increase," he said.
Eskom CEO Dan Marokane said load shedding will run through the weekend with the objective of of building the reserves which they relied on extensively since the begining of the week.
For more financial news, go to the News24 Business front page. Billions of rands that South African municipalities owe Eskom are hindering the state-owned power utility’s plan to restructure and ...
ELECTRICITY and Energy Minister Kgosientsho Ramokgopa said on Friday as Eskom continued to make significant strides in improvement, South Africa was not behind load shedding. Briefing the ...