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Southern Africa

South Africa's Eskom Records US$1.3 Billion Net Loss

Load shedding implemented on 280 days in last financial year.


By Liz Bains
South Africa’s Eskom implemented load shedding on 280 days during the financial year ending March 2023. Belatedly announcing its financial results on 31 October, the utility said it had been a disappointing period for the organisation showing “a decline in both operational and financial performance”. Eskom reported a post-tax net loss of

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