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South Africa2022-12-16en

INTEGRATED REPORT 2022

Summary

Eskom, South Africa's national electricity utility, is grappling with severe operational and financial challenges, including a significant drop in energy availability factor (EAF) to 62.02%, leading to 65 days of loadshedding, and a net loss before tax of R15.8 billion exacerbated by R44.8 billion in municipal debt. To address this, Eskom is implementing a turnaround plan focusing on operations recovery, financial stabilization, business separation, and fostering a Just Energy Transition. This comprehensive plan is currently in progress, aiming to restore stable electricity supply and financial sustainability to the nation.

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