Eskom is back in profit, but outlets report that the power utility is not yet out of trouble. Both sources say the company’s improved financial performance does not resolve underlying risks related to its balance sheet and ability to manage costs and operations.
The reporting highlights two main areas of concern. First, Eskom’s debt burden remains a central issue, with the company described as still “smothered” by obligations that constrain its recovery and future investment. Second, both outlets point to governance and management challenges, indicating that structural problems persist even as results improve.
While the specific phrasing differs, the overall message is consistent across the accounts: profitability is an important development, but it is presented as insufficient on its own. The outlets frame the next phase as requiring progress on debt sustainability and stronger governance to reduce ongoing uncertainty around Eskom’s long-term stability and performance.
