Eskom financial results show that remarkable progress being made, says Mabuza
Deputy President David Mabuza said that Eskom’s interim financial results showed remarkable progress that the troubled utility was gradually improving.
On Wednesday, the state-owned power utility announced an increase in net profits after tax of about R9.2 billion.
Eskom’s interim results show improvement in financial performance, however Generation performance remains below par pic.twitter.com/Ngrihz7ciX
— Eskom Hld SOC Ltd (@Eskom_SA) December 15, 2021
Eskom has been battling with ageing infrastructure, which often breaks down and plunges the country into darkness.
In his capacity as the chairperson of the Eskom political task team, Mabuza said that there was no doubt that the results would boost confidence in Eskom’s management and the country.
Mabuza’s spokesperson Matshepo Seedat: “These results also show that remarkable progress has been made and Eskom is gradually being repositioned on a path of optimal performance, backed up by good governance and long-term financial sustainability.”
-EWN
In other news – No jab, no job – Muvhango actors forced to vaccinate
The cast and crew of South African soap opera, SABC 2’s Muvhango will receive their covid-19 jabs. This is after they were given an ultimatum by the soapie creator Duma Ndlovu to vaccinate or lose their contracts.
About 200 members, including the cast, production personnel, and directors will be at the site joined by the Minister of Health Dr. Joe Phaahla, Gauteng MEC for Sport, Art, Culture, and Recreation Mbali Hlope, and the MEC for Health Dr. Nomathemba Mokgethi to receive jabs at the SABC offices in Auckland Park. Learn More
