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Congratulations to Mr. Dan Marokane on his appointment as GCE of Eskom Holdings

Congratulations to Mr. Dan Marokane on his appointment as GCE of Eskom Holdings
FROM THE OFFICE OF THE CEO

South Africa has experienced severe loadshedding (i.e. controlled/scheduled power cuts),
almost daily, since September 2022. This recent spike and high frequency of loadshedding
can be largely attributed to a significant drop in Energy Availability Factor of the coal fleet that
has not been optimally maintained due to several factors. In addition, shutting down of units
at Koeberg for life extension, and the challenges experienced at Kusile when the entire power
station had to shut down, contributed significantly to higher levels and frequency of
loadshedding. The periods 2022 and 2023 were the worst years in terms of higher stages and
frequency of loadshedding in the history of Eskom.