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South Africa2025-09-30en

PERFORMANCE COMMENTARY 2025 FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2025

Summary

Eskom, South Africa's national power utility, is addressing significant financial challenges stemming from inadequate tariffs, substantial revenue losses due to non-payment by municipalities and illegal connections, and the increasing impact of embedded self-generation. The utility is implementing an approach focused on improving financial sustainability through tariff increases and government debt relief, while simultaneously enhancing operational reliability by increasing generation plant availability, combating non-technical losses, and expanding transmission infrastructure. Currently, the utility is in progress, demonstrating improved financial performance with increased profits and significantly reduced loadshedding periods, alongside commissioning new generation capacity and transmission lines.

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