South Africa's power utility, Eskom, has reported a $1.4 billion profit after tax for the first six months to the end of September. The utility released its unaudited interim financial results, which show an increase in EBITDA to $4 billion.

This marks the second consecutive year that Eskom has posted a profit, following years of financial strain and repeated government bailouts that placed significant pressure on the national fiscus.

Dimakatso Leshoro has the details.

South Africa's power utility, Eskom, has reported a $1.4 billion profit after tax for the first six months to the end of September. The utility released its unaudited interim financial results, which show an increase in EBITDA to $4 billion.
This marks the second consecutive year that Eskom has posted a profit, following years of financial strain and repeated government bailouts that placed significant pressure on the national fiscus.
Dimakatso Leshoro has the details.

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