Eskom’s income has shrunk by about R2.5 billion in April as energy demand plummeted due to the country’s national lockdown in response to the Covid-19 pandemic, the power utility’s CEO Andre de Ruyter said on Wednesday. "We have seen a reduction in cash-generation for April of some R2.5 billion. The full financial impact will still need to be assessed," De Ruyter told a virtual meeting of Parliament’s portfolio committee on public enterprises.
