From Blackouts to Surplus: How Eskom Turned South Africa’s Power Around

After enduring years of crippling power cuts, South Africa’s state utility Eskom has swung to an operational surplus, maintaining 3 to 5 gigawatts of excess generation capacity, according to CEO Dan Marokane. Yet across Johannesburg, localized outages persist as the city works to strengthen its finances and manage its power network. Speaking to Bloomberg’s Jennifer Zabasajja on Next Africa, Marokane discusses the city’s progress on settling overdue electricity bills and plans to ring-fence electricity revenue. He also outlines how Eskom’s recovery is enabling cross-border exports to neighboring southern African states, and explains why reliable electricity is central to rebuilding Johannesburg’s economy.

#Eskom #SouthAfrica #PowerCrisis #Energy #LoadShedding #Johannesburg #DanMarokane #NextAfrica #Bloomberg -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts