Eskom reports that it is aiming to stabilise yearly sales at the 178 TWh level reported in its 2026 financial year, which represented another 6.1% year-on-year fall. The State-owned utility has recorded an ongoing decline in sales for more than ten years, having reported sales of more than 224 TWh in its 2012 financial year.

CFO Calib Cassim sees profits remaining positive but rising municipal debt remains a key risk

Eskom’s profit after tax more than doubled to R30.3bn in the year to 31 March 2026, helped by improved plant performance, lower diesel use and cost controls. But electricity sales…