Eskom’s profit more than doubles to R30.3-billion [SOUND]

# Eskom has reported a second consecutive profitable year, with profit after tax more than doubling from 14-billion-rand last year to 30.3-billion-rand this year. CEO Dan Marokane says improved power-station availability, cost discipline and reduced diesel use supported the turnaround. Eskom’s cost optimisation programme delivered 22.4-billion rand in savings and revenue. Marokane emphasises profits will support increased investment in generation and infrastructure. He highlights municipal debt and electricity theft as concerns: