Watt a salary spike: Eskom CEO takes home R11.7m

After eight years of losses, Eskom has finally powered back to profit under CEO Dan Marokane, generating a profit worth billions, despite being owed millions by municipalities and businesses.

- Tshehla Cornelius Koteli

Marokane pocketed more than R11 million for the entity’s performance.

Eskom released its financial results for the year ended March 2025 in late September, showing that it recorded a pretax profit of R23.9 billion, which is a significant turnaround from a R25.5 billion loss last year.

Marokane was appointed CEO of the state-owned entity in 2024, with, among other things, the responsibility to end load shedding.

Load shedding was a persistent thorn in the country’s side for years, with many businesses citing financial distress as a result.

It is seemingly now a thing of the past.