Staggering R55 billion loss for Eskom

[BusinessTech]

Staggering R55 billion loss for Eskom

The full weight of the worst year of load shedding is visible in Eskom's 2024 results - while the group counts the costs of unbundling.

 

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Duplicate post - already covered here...

Eskom posts R55 billion loss

Eskom posts R55 billion loss Eskom reported a significant loss for the financial year ended 31 March 2024, largely due to a once-off adjustment from the transfer of its Transmission Division to the NTCSA and increased diesel costs.

mybroadband.co.za

 

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So - is it R 55 Billion or R 95 billion? - 'concerned citizens' (and duplicate posts) want to know...

Eskom’s R95 billion crisis

Eskom’s R95 billion crisis Municipal debt owed to Eskom has skyrocketed in recent years and now threatens the utility's financial health.

mybroadband.co.za

Eskom loss surges to R55 billion after NTCSA separation

Eskom loss surges to R55 billion after NTCSA separation Eskom recorded an after-tax loss of R55 billion in its previous financial year, running from April 2023 to March 2024. The amount is over double the R26.1 billion loss Eskom reported in its 2023 financial year.

mybroadband.co.za

 

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95 is the new 55

 

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Sort this out @ChatGpt

 

[Lupus]

So - is it R 55 Billion or R 95 billion? - 'concerned citizens' (and duplicate posts) want to know...

Eskom’s R95 billion crisis

Eskom’s R95 billion crisis Municipal debt owed to Eskom has skyrocketed in recent years and now threatens the utility's financial health.

mybroadband.co.za

Eskom loss surges to R55 billion after NTCSA separation

Eskom loss surges to R55 billion after NTCSA separation Eskom recorded an after-tax loss of R55 billion in its previous financial year, running from April 2023 to March 2024. The amount is over double the R26.1 billion loss Eskom reported in its 2023 financial year.

mybroadband.co.za

Well one is what is owed to them by municipalities, so not Eskom debt