Eskom posts first profit in eight years, of R16-billion, as turnaround gains traction
dailymaverick.co.za/article/2025-09-30-eskom-posts-first-profit-in-eight-years-of-r16-billion-as-turnaround-gains-traction/
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Eskom Returns to Profit After Years of LossesIn 2025, Eskom posted a R16 billion profit and cut nationwide load shedding to just 13 days, marking significant recovery progress.
Key FactsSep 30, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: dailymaverick.co.za
Summary created with AI assistance · Source: dailymaverick.co.za
- Eskom reported an after-tax profit of R16 billion for the 2025 fiscal year, reversing a R55 billion loss from the previous year.
- This turnaround was driven by a 12.74% tariff increase, R64 billion in debt relief, and a 14% reduction in primary energy costs.
- Improved coal plant reliability saved R16.3 billion in diesel and helped reduce rolling power cuts to 13 days nationwide.
- Despite gains, Eskom faces growing municipal debt of R94.6 billion, threatening its financial stability and requiring urgent intervention.
The era of monopoly is gone. Eskom will not be getting any bailout going forward.— Electricity Minister Kgosientsho Ramokgopa made this remark just before Eskom presented its results.
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