Electricity pylons near the Eskom Holdings SOC Ltd. Kendal coal-fired power plant in Mpumalanga.
Electricity pylons near the Eskom Holdings SOC Ltd. Kendal coal-fired power plant in Mpumalanga.Photographer: Waldo Swiegers/Bloomberg

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

Eskom returns to profit amid debt challenges and renewable expansion
Published on

Key topics:

  • Eskom posts first profit in 8 years, cuts debt to 372B rand

  • Unpaid municipal debts 94.6bn rand hinder distribution unbundling

  • Eskom invests 320bn rand in renewables, grid, and future energy growth

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By Loni Prinsloo

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