Eskom posts R30bn profit as tariff debate reignites
Eskom's return to profitability dominated business coverage across Power FM, SAfm, Cape Talk and The Corder Report. The utility more than doubled profit after tax to R30.3 billion despite selling 6.2% less electricity, with revenue lifted by a 12.74% tariff hike. Presenters pressed the CEO on whether double-digit tariff increases are truly behind us, while callers questioned why consumers keep paying more as executives collect performance bonuses. The Corder Report tied the numbers to municipal arrears of nearly R30 billion and ongoing load reduction, arguing the profit masks a deeper collections crisis threatening the grid's recovery.