Eskom finally profitable … but audit opinion still qualified

It will no longer need signoff by a professional engineer. A certificate of compliance – already required for all electrical installations – can be issued by any suitably qualified electrician registered with the Department of Labour.

Eskom has reported a profit for the financial year 2025, marking the first time in eight years. However, its financial statements remain qualified due to material uncertainties regarding its going concern status, among other factors.

The improved results, announced at a media briefing on 30 September, follow the government’s R254 billion debt relief package, which was allocated to Eskom over three years, with the current financial year being the final one.

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