South Africa2022-12-23en
Group annual results for the year ended 31 March 2022
Summary
Eskom, South Africa's national power utility, faced a significant decline in its generation plant availability, resulting in 65 days of loadshedding for the year ended March 2022. To address this, Eskom is continuing its generation recovery and reliability maintenance programs, alongside a vigorous campaign to combat fraud and corruption within the organization. While operational challenges persist, the company saw an improvement in its financial performance with a reduced net loss, though municipal debt remains a growing concern.
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Source Document
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