The Africa Insight with DAVID

Eskom

Eskom Holdings SOC Ltd operates in South Africa. The company provides electricity for South African citizens. The company was founded by Hendrik van der Bijl in 1923. An approximate of 95% of the electricity used in South Africa comes directly from Eskom Holdings while and 45% of the electricity used in Africa is being supplied by the same company. Eskom generates, transmits and distributes electricity to homes, industries, and redistributors. An estimated 49,000 employees work in the company. Eskom Holdings has US$15 billion (2018 estimate) in revenue annually. Eskom Holdings competes with Constellation Energy, Duke Energy Corporation, and Entergy Corporation. The company has its headquarters in Sunninghill, South Africa.