Eskom’s turnaround strategy gains traction, posting first profit in eight years [SOUND]

# Eskom has posted an after-tax profit of 16-billion-rand for the full year ending March 2025, its first return to profitability in eight years. This is up from the 55-billion-rand loss recorded in the previous year. The power utility has attributed its return to profit in large part to its unpopular 12.74-percent standard tariff increase, debt relief support, and a 14-percent reduction in primary energy costs. Eskom chief executive Dan Marokane says they are reinvesting profits back into national assets: