'Eight Years of Losses End Today' - Ramaphosa Celebrates Eskom Profitability

South Africa: Eskom's Profit a Testament to Partnerships, President Ramaphosa

[SAnews.gov.za] President Cyril Ramaphosa says Eskom's latest financial results which show a return to profitability for the first time in eight years, is a testament to the value of staying the course and to the benefits of partnerships.

'Eight years of losses end today' - Ramaphosa celebrates Eskom profitability

Eskom's return to profit a sign of energy recovery, says Ramaphosa

By Johnathan Paoli President Cyril Ramaphosa has hailed Eskom’s first return to profitability in eight years as a landmark achievement, describing it as proof of the value of persistence, structural reform, and broad-based partnerships. In his weekly newsletter on Monday, Ramaphosa noted that Eskom’s latest financial results marked a turning point for the struggling power utility, which had faced mounting losses, ballooning debt, and existential…

Ramaphosa: Eskom’s turnaround highlights value of partnerships

President Cyril Ramaphosa says Eskom’s return to profitability for the first time in eight years demonstrates the value of collaboration and long-term commitment to reform.   Writing in his weekly newsletter, Ramaphosa said Eskom’s latest financial results are proof that the national power utility is “turning the corner,” thanks to coordinated efforts across government, business, and Eskom’s own leadership.   “The relative improvement in Eskom’s…