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South Africa: Ramokgopa Addresses Eskom Turnaround and Market Reforms

South Africa·Wire Summary⏱️ 3 min read

Eskom may be celebrating a solid set of financial results, but mounting arrear debt and structural liabilities reveal why full market reform remains a slow, delicate process. The minister of electricity and energy, Dr Kgosientsho Ramokgopa, is done being apologetic about the good work he and the Eskom ensemble have put in to turn the national power utility around. In November 2025, during a keynote address in Johannesburg at an event organised by the Black Business Council and the Guma Group, he said: "We must state it publicly that black professionals are driving the turnaround... We're exceptionally qualified, competent professionals, patriotic, who have taken the mission of resolving the most existential questions of the South African democracy. That's what we have achieved. We must stand on the rooftop. We are resolving this problem because we've got the means to resolve this problem. The colour of our skin should not define who we are. We are exceptionally confident, and that's why this Eskom story is incomplete; we are going to deliver more and more..." For context How Eskom was turned around, told by those who steered it August 13, 2026 Now that those questions have been cleared up, beneath the tidy headline profit of R30.3-billion the power utility announced for the last financial year lies a series of structural liabilities, governance failures and criminal... Read the full story on Daily Maverick . AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals , representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica . To address comments or complaints, please Contact us . AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 90 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. Get the latest in African news delivered straight to your inbox By submitting above, you agree to our privacy policy . We need to confirm your email address. To complete the process, please follow the instructions in the email we just sent you. There was a problem processing your submission. Please try again later.

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