Eskom's profits more than double

Eskom's profit has more than doubled, with the financial results showing that the group went from a R14 billion profit in 2025 to a R30.3 billion profit in the 2026 financial year.

Eskom announced its group annual results for the 2025/2026 Financial Year ended 31 March 2026, recording a second successive year of profitability.

This can be attributed to higher tariffs and lower diesel spending that lifted earnings - but concerns have been raised around a 6,2 drop in sales volumes and a high municipal area debt.

SABC News Economics Reporter Katlego Legodi has the story.

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