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South Africa2024-03-31en

PERFORMANCE COMMENTARY FOR THE YEAR ENDED 31 MARCH 2024

Summary

Eskom faces significant challenges including declining plant availability leading to widespread loadshedding, substantial financial losses, and increasing municipal debt and electricity theft. The utility is implementing strategies such as receiving government debt relief, increasing tariffs, and intensifying maintenance efforts to stabilize its operations and finances. Despite some improvements in financial metrics like reduced net loss and increased EBITDA, operational performance continues to struggle, with plant availability declining further and emissions worsening.

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