Company Directory - Eskom Holdings SOC Ltd
Company Details - Eskom Holdings SOC Ltd
Eskom Holdings SOC Ltd
WebsiteSouth Africa
Eskom is a state-owned electricity supplier in South Africa responsible for the generation, transmission, and distribution of electricity to industrial, commercial, and residential customers.
CCI Score
CCI Score: Eskom Holdings SOC Ltd
-48.75
0.02%
Latest Event
Calls for Eskom’s Unbundling Amid Emergency Loadshedding
A DA MP has called for the immediate horizontal unbundling of Eskom to break its monopoly, amid widespread criticism of its monopolistic practices which have contributed to severe loadshedding and economic distress in South Africa. Critics argue that Eskom’s centralized control and failure to provide reliable electricity infringe upon competitive energy market principles and have broader implications for democratic accountability and economic fairness.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
QUISLING
Eskom Holdings SOC Ltd is currently rated as a Quisling.
Latest Events
- MAR202025
A DA MP has called for the immediate horizontal unbundling of Eskom to break its monopoly, amid widespread criticism of its monopolistic practices which have contributed to severe loadshedding and economic distress in South Africa. Critics argue that Eskom’s centralized control and failure to provide reliable electricity infringe upon competitive energy market principles and have broader implications for democratic accountability and economic fairness.
- MAR142025
A significant procurement fraud case at Eskom revealed deep issues in supply chain governance and procurement oversight, with fraudulent transactions leading to financial losses and undermining public trust.
-70
Supply Chain Ethics
March 21
The fraudulent procurement at Eskom highlights a critical failure in supply chain ethics. Inflated contracts and internal corruption have not only resulted in significant financial losses but also eroded transparency and accountability. This negligence in ethical sourcing and oversight indirectly supports environments where authoritarian practices can take root.
What Can We Learn From the Eskom Procurement Fraud Case? | Procurement Magazine
- MAR142025
A recent investigation uncovered procurement fraud at Eskom’s Kusile Power Station, revealing systemic issues in its supply chain oversight. The fraudulent activities, involving insider collusion and inflated contracts, highlight major ethical lapses that undermine transparency and accountability in this state-owned enterprise.
-60
Supply Chain Ethics
March 21
The procurement fraud at Kusile Power Station demonstrates severe weaknesses in Eskom's supply chain ethics. The mismanagement and insider collusion that led to inflated contracts not only result in financial losses but also erode public trust and accountability, potentially paving the way for further corruption in a state-owned enterprise. Such ethical failures can indirectly support authoritarian practices by weakening oversight and transparency in crucial public services.
Eskom: 'Procurement Fraud' Uncovered at Kusile Power Station | Supply Chain Digital Magazine
- OCT262023
During public hearings on the Electricity Regulation Amendment Bill on October 26, 2023, debates emerged over the proposed privatization of state‐owned Eskom. Critics argued that privatization could lead to profit-driven management that might harm the poor and erode public accountability, potentially paving the way for policies that favor authoritarian corporate interests.
-40
Economic and Structural Influence
March 21
The public consultation on the Electricity Regulation Amendment Bill revealed deep concerns that privatizing Eskom could shift the focus from public service to profit generation, potentially reducing accountability and increasing inequality. Such a move may empower corporate interests at the expense of the public good, aligning with broader authoritarian practices that favor deregulation and economic concentration.
- OCT122023
An in-depth examination of Eskom's corporatisation, unbundling, and privatization, which have led to widespread labor discontent, job losses, and detrimental economic policies impacting public service delivery and democratic accountability in South Africa.
-70
Labor Relations and Human Rights Practices
March 21
Eskom’s transformation from a public service utility to a corporatised entity has resulted in significant negative impacts on labor relations and human rights. The drive towards privatization has led to job losses, poorer working conditions, and diminished union influence, contributing to systemic exploitation of workers and undermining fair labor practices.
-80
Economic Collaboration
March 21
Eskom's deep entanglement with state policies supporting deregulation, high debt financing, and privatization has not only compromised its operational integrity but also contributed to structural economic challenges. This structural influence fosters an environment of regulatory capture and economic collaboration that undermines democratic oversight and worsens public service delivery.
- MAY232023
A BBC report details how corruption, sabotage, and political collusion within Eskom have led to chronic power outages in South Africa, undermining public trust and indirectly supporting authoritarian dynamics.
-30
Public and Political Behavior
March 21
The article describes how politically connected criminal networks and alleged interference by key political figures have infiltrated Eskom’s operations. This not only reflects poor governance but also points to its indirect involvement in maintaining power structures that may support authoritarian tendencies. The politicization of a state-owned utility in this manner undermines democratic accountability and exacerbates crises.
South Africa load-shedding: The roots of Eskom's power problem
-50
Business Practices and Ethical Responsibility
March 21
The report highlights severe mismanagement and alleged industrial sabotage within Eskom, revealing a breakdown in ethical business practices. Such failures in governance not only result in operational inefficiencies and hazardous work environments but also erode public trust in essential services that are key to societal stability.
South Africa load-shedding: The roots of Eskom's power problem
- MAY172023
A detailed parliamentary inquiry revealed issues in Eskom's governance, including allegations of mismanagement, state capture, and politicized corporate practices. The discussion exposed deep-seated corruption and failures in corporate ethics that undermine public accountability—a scenario that critics argue fosters an environment conducive to authoritarian practices.
-40
Public and Political Behavior
March 21
The article details how high-level executives and state actors in Eskom have been entangled in politically charged management practices and state capture, thereby undermining transparent governance and democratic accountability. Such politicization of corporate leadership can contribute to authoritarian dynamics.
Eskom corruption and related matters: engagement with Minister of Public Enterprises
-50
Business Practices and Ethical Responsibility
March 21
The inquiry raised serious issues concerning Eskom's internal ethical practices and corporate governance. Repeated failures in upholding fiduciary responsibilities and addressing corruption significantly erode trust, contribute to systemic dysfunction, and indirectly support the entrenchment of authoritarian practices in state-run enterprises.
Eskom corruption and related matters: engagement with Minister of Public Enterprises
Alternatives
Vancouver, Canada
29.67
Toronto, Canada
60.90
Fredericia, Denmark
45.11
India
11.47
New York, USA
-6.75
Thiruvananthapuram, India
-7.34
San Diego, United States
-28.04
Charlotte, United States
-34.39
Bangalore, India
-38.43
Colombo, Sri Lanka
-54.57
Industries
- 221118
- Other Electric Power Generation
- 221121
- Electric Bulk Power Transmission and Control
- 221122
- Electric Power Distribution
- 237130
- Power and Communication Line and Related Structures Construction
- 541330
- Engineering Services