ESKOM PROFITABILITY 2025/2026

MAKEKASIGREAT©®™ @KASIBC_AFRICA


ONLINE EDITOR @KASIBC_AFRICA

ESKOM PROFITABILITY 2025/2026

The African National Congress (ANC) notes and welcomes Eskom’s first profit after many years of turmoil and uncertainty over the utility’s future. The R16 billion after-tax profit recorded in the year ending March 2025 is the first in eight years. This achievement reflects years of hard work and demonstrates a firm commitment to fixing the national electricity utility, strengthening financial systems, and ensuring effective revenue collection. 

The profit, coupled with the synchronisation of Unit 6 at Kusile to the national grid, which will contribute to achieving a 75% Energy Availability Factor (EAF), are essential toward building a world-class institution. The ANC notes with appreciation the leadership of the Minister of Electricity, Dr. Kgosientso Ramakgopa and his collective at ESKOM to turnaround the utility to discharge its legislative mandate of providing electricity and serving the country. 

This augurs well towards an institution capable of financing its operations, financial liquidity, and optimisation of capacity, electricity generation and distribution. Of great concern however, is the National Energy Regulator of South Africa’s (NERSA) tariff increase miscalculation to ESKOM. This error should not be passed upon the economically overstretched consumers 
 

MAKEKASIGREAT©®™ @KASIBC_AFRICA

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