Eskom Returns to Profitability After 8 Years But Faces Ongoing Operational Challenges
South Africa’s state-owned power utility Eskom has returned to profitability with R23.9-billion pre-tax profit for 2025, marking its first positive financial result since 2017. While reduced loadshedding and operational improvements drove the turnaround, escalating municipal debt and audit qualifications persist as major concerns for the electricity provider’s sustainability.
South Africa’s state-owned enterprise Eskom has achieved a remarkable financial turnaround, reporting R23.9-billion profit before tax for the 2025 financial year – its first profitable result in eight years. Business Leadership South Africa CEO Busi Mavuso welcomed the positive development in her weekly newsletter, noting that the improved performance offers significant benefits for both the power utility and the broader South Africa economy.