Eskom R15 billion loss expected

[Daily Investor]

Eskom R15 billion loss expected

Eskom is set to report a R15 billion loss in the 2024 financial year. However, it is on track to be profitable by next year.

 

[BBSA]

Well done, comrades...

 

[Utterly Confused]

Maybe ask municipalities to pay up.

 

[longboy]

Maybe ask municipalities to pay up.

Won't work. They tried in Soweto and got kicked out.

 

[TPM]

Won't a FORENSIC AUDIT by international auditors identify unlawful expenditure and expose sabotage, incompetence and mismanagement ?

 

[longboy]

Won't a FORENSIC AUDIT by international auditors identify unlawful expenditure and expose sabotage, incompetence and mismanagement ?

Gov will prob buy them a Streetwise 2 with extra gravy!

 

[mypetcow]

Less loss on the path of profit is a good thing overall

 

[tetrasect]

Eskom R15 billion loss expected

Eskom is set to report a R15 billion loss in the 2024 financial year.

That's 9179 megawatts worth of solar panels. Well done.

However, it is on track to be profitable by next year.

 

[wingnut771]

Less loss on the path of profit is a good thing overall

When was the last time Eskom made a profit?

 

[BBSA]

Won't a FORENSIC AUDIT by international auditors identify unlawful expenditure and expose sabotage, incompetence and mismanagement ?

International auditors are not BEE.....

 

[Pegging]

When was the last time Eskom made a profit?

Don’t be racist

 

[Former member 61586]

How is it possible to have a monopoly, set price increases to whatever you want, get bailed out multiple times, and you still cannot turn a profit. Ffs.

 

[Former member 61586]

Won't a FORENSIC AUDIT by international auditors identify unlawful expenditure and expose sabotage, incompetence and mismanagement ?

I have a 4 year old dog at home who can identify the problems at Eskom. It's really not rocket science.

 

[Quicks]

Eskom cadre's are expensive.

 

[TheMightyQuin]

Won't a FORENSIC AUDIT by international auditors identify unlawful expenditure and expose sabotage, incompetence and mismanagement ?

Please don't come here with your colonialist tendencies...

 

[wingnut771]

Don’t be racist

How is that racist?

 

[Pegging]

How is that racist?

No idea. But that is a classical ANC defence.

 

[mypetcow]

When was the last time Eskom made a profit?

Technically never. Not once since the 1920s.

 

[wingnut771]

Technically never. Not once since the 1920s.

Exactly. So why start now?