Eskom in serious trouble

[Daily Investor]

Eskom in serious trouble

Eskom’s operating losses doubled to R57 billion, and its current liabilities exceed current assets by R50 billion.

 

[saor]

Maybe they should also enforce Afrikaans language requirements?

 

[Sarg3_ZN]

I am no businessman, so I might be totally wrong here, but have they tried cutting costs?

 

[saor]

I am no businessman, so I might be totally wrong here, but have they tried cutting costs?

No but I hear they've tried paying bonuses so it seems to be paying off.

 

[Former member 61586]

shills will be in soon to defend this clown show called eskom.

 

[The Worker]

See now all you illiterates?! Increasing tariffs does not mean you will get more money. In fact, you will get a lot less as increasing tariffs are forcing more paying customers to leave the country, go off the grid or learn to live without electricity. Start billing the poor too. Your socialists dreams turned into a nightmare and is not possible, as everyone predicted back in 1994.

 

[xcaliber]

"The AG’s report highlighted that Eskom’s operating losses increased from R26 billion in 2023 to R57 billion in 2024"

WTF. How.

 

[Stokstert]

Does that mean AdR was correct with his findings after all?