The CitizenRay Mahlaka · 4 September 2026 at 11:13Read the full story on The CitizenDespite its return to profitability, the power utility is facing smothering debt and governance problems.
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The CitizenMunicipal debt increased to nearly R120 billion, and electricity sales volumes fell by 6.2%.
The CitizenTwo 20-year contracts will deliver savings of around 20%.
The CitizenEskom reported a R30.3 billion profit after tax, more than double the R14 billion recorded in 2025.
The CitizenGovernment wants to get a grip on rogue electricity vendors.
The CitizenThe next step is to enter into a similar partnership to export South African blueberries, as proposed by China.
The CitizenAs solar systems age, components need maintenance and replacement.