{"id":12734,"date":"2025-09-30T07:08:13","date_gmt":"2025-09-30T05:08:13","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sas-eskom-records-first-full-year-profit-in-eight-years\/"},"modified":"2026-02-27T16:25:58","modified_gmt":"2026-02-27T14:25:58","slug":"sas-eskom-records-first-full-year-profit-in-eight-years","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-eskom-records-first-full-year-profit-in-eight-years\/","title":{"rendered":"SA&#8217;s Eskom records first full-year profit in eight years"},"content":{"rendered":"<p>Eskom made a profit after tax of R16.0 billion ($927.24 million) in the year to the end of March 2025, compared to a loss of R55.0 billion ($3.19 billion) a year earlier, its annual report showed.<\/p>\n<p>&#8220;Government debt relief support, new tariff structures, higher sales linked to the operational turnaround and cost optimisation initiatives have contributed to Eskom recording its first profit in eight years,&#8221; the report said.<\/p>\n<p>Eskom&#8217;s power cuts have held back SA&#8217;s economic growth for more than a decade, and its repeated bailouts have drained state coffers.<\/p>\n<p>But the frequency of its power outages has reduced dramatically since early last year. There were just 13 days of power cuts in its latest financial year, compared to a record 329 days a year earlier.<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":12735,"template":"default||default","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-12734","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"South African (SA) state-owned power utility Eskom this Tuesday reported its first full-year profit in eight years thanks to government debt relief, higher tariffs and a sharp reduction in power cuts.||South African (SA) state-owned power utility Eskom this Tuesday reported its first full-year profit in eight years thanks to government debt relief, higher tariffs and a sharp reduction in power cuts.","published_date":"2025-09-30 00:00:00||2025-09-30 00:00:00","news_description":"","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12734\/revisions"}],"predecessor-version":[{"id":18193,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12734\/revisions\/18193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/12735"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=12734"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=12734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}