Ramokgopa slams Eskom's inexcusable failure to secure clean audit

Electricity and Energy Minister Kgosientsho Ramokgopa says it is inexcusable that power utility Eskom has failed to achieve a clean audit, despite stabilising the country's power grid over the last few years.

Ramokgopa said this remains a serious problem for an entity of Eskom's size.

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The utility received a qualified audit opinion, primarily for overstating approximately R16 billion in reported turnaround savings over the year under review.

The Auditor-General (AG) issued the opinion despite Eskom’s ability to achieve a profit following significant government assistance.

The minister’s remarks came during a briefing to the Energy Committee regarding his department's annual performance.