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South Africa

South Africa Forum/Politics

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MPs question Eskom’s projected R10bn profit for 2025, warn against paying millions in bonuses

ewn.co.za/2025/0...

submitted about 1 year ago by Lthabo1999

MPs question Eskom’s projected R10bn profit for 2025, warn against paying millions in bonuses

submitted about 1 year ago by Lthabo1999

MPs question Eskom’s projected R10bn profit for 2025, warn against paying millions in bonuses
  • Members of Parliament are questioning Eskom's projected R10 billion profit for 2025, with concerns raised about paying out large bonuses.
  • Eskom attributes the projected profit to improved performance, increased customer payments, and tariff hikes, but some MPs believe it is unjustifiable to burden taxpayers with higher electricity costs while the company makes significant profits.
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