South Africa is recruiting advisers to spin off Eskom's transmission unit into an independent operator by next year. The move aims to liberalize the grid, attract private investment, and fund 440 bill
Eskom Group CFO Calib Cassim will retire during the financial year ending March 2027 after 24 years at the utility. He expressed confidence that his successor will build on the operational recovery an
South Africa's Eskom more than doubled its annual profit to $1.9 billion following operational improvements and tariff hikes, yet rising municipal debt and weak electricity demand continue to threaten
Eskom more than doubled its annual profit to 30.3 billion rand after ending power outages, despite a 6.2% drop in industrial electricity sales. The utility plans to invest 343 billion rand over five y
South Africa plans to hire advisers to negotiate with lenders on spinning off Eskom's transmission unit, aiming to boost private participation while addressing debt sustainability and bondholder conce
Eskom CEO Dan Marokane warns that separating transmission assets requires ensuring the company's financial sustainability, following President Ramaphosa's directive to fully unbundle the utility to li
South African state utility Eskom launched a new business unit for utility-scale renewable energy projects, aiming for 32 gigawatts of capacity by 2040. The unit will target energy-intensive sectors l
South Africa’s state utility Eskom plans to extend coal plant lifespans as gas projects face delays, complicating the nation's energy transition and fuel security strategy.
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