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.

What's Gone Viral

What's Gone Viral

18 December 2018 8:49 AM

ANCs List Conference postponed seemingly due to infighting

ANCs List Conference postponed seemingly due to infighting

18 December 2018 7:46 AM

The Political Desk

The Political Desk

18 December 2018 7:02 AM

What’sViral - Pitbull’s take on Toto’s Africa

What’sViral - Pitbull’s take on Toto’s Africa

14 December 2018 8:06 AM

Gauteng police note rise in 'kidnappings for ransom' crimes

Gauteng police note rise in 'kidnappings for ransom' crimes

14 December 2018 7:29 AM

SA mother desperate for help to secure detained daughter's release in China

SA mother desperate for help to secure detained daughter's release in China

13 December 2018 8:28 AM

What’s Viral - Shoppers beat up queue jumper

What’s Viral - Shoppers beat up queue jumper

13 December 2018 7:57 AM

A 13-year old has been picked to represent SA in the World Golf

A 13-year old has been picked to represent SA in the World Golf

12 December 2018 8:34 AM

What’sViral - Grandmother 102 becomes world's oldest skydiver

What’sViral - Grandmother 102 becomes world's oldest skydiver

12 December 2018 8:03 AM

The science forum South Africa officially kicks off today

The science forum South Africa officially kicks off today

12 December 2018 7:36 AM