The CitizenKatharine Child · 1 September 2026 at 04:08Read the full story on The CitizenTwo 20-year contracts will deliver savings of around 20%.
This story was written and published by The Citizen. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.
No comments yet. Be the first.
The CitizenEskom reported a R30.3 billion profit after tax, more than double the R14 billion recorded in 2025.
The CitizenAffected municipalities have until 1 September to conclude distribution agreements with Eskom or face possible supply interruptions.
The CitizenMunicipal debt increased to nearly R120 billion, and electricity sales volumes fell by 6.2%.
The CitizenDespite its return to profitability, the power utility is facing smothering debt and governance problems.
The CitizenElectricity minister proposes ways to 'level the playing field'
The CitizenUnion demands a review of all existing agreements and calls on government to stop enforcing them, among other measures