Eskom returns to profitability with R16 billion gain in FY2025

South Africa’s power utility, Eskom, has reported a remarkable financial turnaround, posting a profit after tax of R16 billion for the financial year ending March 2025. This marks a dramatic recovery from the R55 billion loss recorded in the previous year. Eskom attributed the return to profitability to significant cost reductions, particularly in its primary … Continue reading Eskom returns to profitability with R16 billion gain in FY2025