Group interim results for the six months ended 30 September 2021

Summary

Eskom, South Africa's national power utility, is addressing severe operational challenges, including declining generation plant availability and increased loadshedding, which impact energy supply stability. Their strategy involves a comprehensive generation recovery plan, reliability maintenance, addressing new build defects, and a significant financial turnaround, including tariff increases and debt reduction, alongside the legal unbundling of its divisions. While financial performance shows considerable improvement with increased profits and reduced debt, operational issues persist, and the target for Transmission division separation by year-end 2021 remains at risk.

Key Facts

Source Document

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