The Best of Breakfast with Bongani Bingwa

Is Eskom in huge trouble as profit drops?


Bongani Bingwa speaks to Calib Cassim, Eskom’s Chief Financial Officer Eskom’s financial problems have gone from bad to worse.  Eskom is facing reduced generation performance, low coal stockpiles, and increases in municipal debt, currently in a debt reliant liquidity situation, Revenue up 3% to R98.1 billion, profits dropped by 89%, and yesterday forecast a loss before tax of more than R11.2 billion ($800 million) in the current financial year, despite a turnaround plan designed to shore up its finances.

City of Ekurhuleni budget

City of Ekurhuleni budget

23 May 2019 9:14 AM

I have never been a spy - Letsatsi Duba State Security Minister

I have never been a spy - Letsatsi Duba State Security Minister

23 May 2019 8:45 AM

What’s Vira - Twin toddlers climbing a fridge has Twitter in stitches!

What’s Vira - Twin toddlers climbing a fridge has Twitter in stitches!

23 May 2019 8:03 AM

Hilton College refused opportunity to make amends to land claimants

Hilton College refused opportunity to make amends to land claimants

23 May 2019 7:40 AM

Tsogo Sun celebrating 50 years of existence

Tsogo Sun celebrating 50 years of existence

22 May 2019 8:33 AM

What’sViral - SA cricket team climbs Table Mountain to prepare for World Cup

What’sViral - SA cricket team climbs Table Mountain to prepare for World Cup

22 May 2019 8:00 AM

Connected the dots that link Zuma and Thales

Connected the dots that link Zuma and Thales

22 May 2019 7:32 AM

What’s Gone Viral - Who should pay the bill on a first Date?

What’s Gone Viral - Who should pay the bill on a first Date?

21 May 2019 8:18 AM

Public Protector final report on Estina Dairy Farm project set aside

Public Protector final report on Estina Dairy Farm project set aside

21 May 2019 7:45 AM

Gauteng online admission applications

Gauteng online admission applications

20 May 2019 9:16 AM