Energy

South Africa’s power utility giant Eskom achieved a major milestone as S&P Global Ratings upgraded its credit ratings from stable to positive, marking a significant turnaround in its financial trajectory. The upgrade of Eskom’s global scale foreign and local currency…

A new power update report reveals that Eskom has achieved an unprecedented milestone: 240 consecutive days without loadshedding since March 26, 2024, saving R16.33 billion in diesel costs compared to the R22.94 billion spent during the same period last year.…