5 °c
London
Sunday, April 18, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

South Africa’s Eskom makes £1.3B profit in first half

Staff by Staff
November 29, 2019
in Africa, Economy, Energy, Finance, South Africa
Reading Time: 1 min read
0
New substations provide more power to Mozambique’s Inhambane province
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

South Africa’s struggling state power firm Eskom made a surprise 1.3 billion rand ($88.39 million) profit in the first half of this financial year, roughly double the profit it made during the same period of the previous year.

Eskom’s financial performance is typically stronger in the first half of the year, as it sells more electricity during the winter season and does less maintenance.

Eskom Chairman Jabu Mabuza told a news conference that the firm still expected to make a loss of roughly 20 billion rand for the full year that ends in March 2020, similar to the loss it made in the prior year.

Source: Reuters

Related

Tags: EskomJabu MabuzaSouth Africaюжная-африкаجنوب-أفريقيا南アフリカ南非
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

EU hails peaceful presidential election in Guinea-Bissau

Next Post

Twitter’s Jack Dorsey plans to live in Africa in 2020

Staff

Staff

Related Posts

South Africa: Western Cape sees increase in domestic travel over Easter weekend
Weekend

South Africa: Western Cape sees increase in domestic travel over Easter weekend

by FurtherAfrica
April 17, 2021
Water

Zimbabwe to export water to South Africa

by Staff
April 16, 2021
Conference Access to Africa coming to Dakar, Senegal
Conference

Conference Access to Africa coming to Dakar, Senegal

by FurtherAfrica
April 16, 2021
Soon, Africa’s largest utility will not own any power lines
Energy

Tanzania rural electrification project continues to make progress

by Staff
April 16, 2021
Economy

Mozambique: ‘Valuation of the metical only useful if reflected on the economy’

by FurtherAfrica
April 16, 2021
Next Post
Twitter’s Jack Dorsey plans to live in Africa in 2020

Twitter's Jack Dorsey plans to live in Africa in 2020

African Fintech: Growth, Profit and Forecasts

Blockchain targets poorest communities for cash transfer aid

Botswana's economy is slowing as diamond sales dip, says IMF

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?