Evidence library — Eskom Holdings SOC Ltd

Audited Annual Financial Statements 2025; states 'the state is the only shareholder in Eskom' (represented by the Minister of Electricity and Energy), that Eskom generates, transmits and distributes electricity, that it received R64 billion of debt relief support from government during the year, that it achieved 310 continuous days without load-shedding from 26 March 2024 to 30 January 2025, and that the board acknowledged material uncertainties relating to going concern.

Relevance: Primary official financial statement establishing ownership, mandate, state support and operating position.

Department of Public Enterprises statement (18 September 2023) recording that NERSA granted the National Transmission Company of South Africa (NTCSA) — a wholly owned subsidiary of Eskom Holdings — a transmission licence (late July 2023) plus trading and import/export licences, as part of Eskom's restructuring into Generation, Transmission and Distribution subsidiaries.

Relevance: Government/regulator record of the unbundling and NERSA licensing.

BusinessTech article (18 September 2023) reporting NERSA's grant of trading and import/export licences to NTCSA and describing the planned split of Eskom into Generation (Eskom Holdings), Transmission (NTCSA) and Distribution (NEDCSA) under a holding structure.

Relevance: Independent reporting corroborating the unbundling process.