# Eskom intends to resume borrowing after the conclusion of the government’s 254-billion-rand debt relief programme. The power utility is aiming to keep total debt below 300-billion-rand by 2030. Eskom reported a 34-billion-rand profit before tax by December 2024, a significant turnaround from a 10-billion-rand loss the previous year. Improved plant performance and reduced reliance on diesel contributed to a 16-percent revenue increase. MoneyWeb reports Eskom plans 321-billion-rand in capital expenditure over five years, focusing on generation and transmission projects.
Eskom plans to resume borrowing while keeping debt sustainable