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South Africa2022-12-23en

ANNUAL FINANCIAL STATEMENTS 2022

Summary

Eskom, South Africa's primary electricity supplier, faces severe operational challenges characterized by widespread loadshedding stemming from an unreliable and aging power plant infrastructure. To address this, Eskom is pursuing a generation recovery plan to improve coal-fired power station performance and supports government-announced reforms aimed at accelerating new capacity and ending loadshedding. Despite a reduced net loss, loadshedding persists, highlighting that the initiatives are still in progress and the country's energy crisis continues.

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