Dramatic - eriinfo

Eskom in dramatic swing into profit

eriinfo.com3 weeks ago07 mins

Eskom chairman Mteto Nyati Eskom has reported R16-billion in profit after tax for 2025 — for the first time in eight years. That compares to a R55-billion after-tax loss for the 2024 financial year. Board chairman Mteto Nyati told reporters on Tuesday that Eskom’s two-year debt relief plan, adopted in 2023, had started showing results….

Dramatic new development in Vodacom, Maziv deal

eriinfo.com4 months ago09 mins

Vodacom’s acquisition of a co-controlling stake of up to 40% in Vumatel parent Maziv is suddenly back on the table following a dramatic development in the case. The Competition Commission said on Tuesday that it has reached an agreement with both Vodacom and Maziv, which also owns Dark Fibre Africa, that could see the deal…