The current board of Eskom reached its term, on Sunday, 30 November 2025.
The Board was appointed in October 2022.
Dr Mteto Nyati, Chairman of the Board, extended appreciation to the Board for their dedicated and selfless service.
“Reviving Eskom was never a simple task, but one of national importance. The obstacles were significant, yet through the Board’s firm planning and governance and Exco’s focused implementation, we stabilised the utility and rebuilt trust. Eskom’s return to profitability after eight consecutive years of losses is driven by real, structural reforms — not short-term fixes or accounting adjustments.”
He also said Eskom’s progress has been rooted in accountability and disciplined execution.
“This Board confronted challenges head-on, demanded performance, and ensured that hard-won gains were channelled back into strengthening South Africa’s electricity system. Exco’s operational leadership ensured that these strategies translated into real improvements on the ground.”
Some significant milestones achieved, include a profit after tax of R16 billion for the year ending 31 March 2025, compared to a R23.9 billion loss for the year ending 31 March 2023.
Under the Board, Eskom delivered 96% electricity supply reliability in 2024/25, improving to 98% year to date, from a low of 9% in 2022/2023.
The Generation Recovery Plan approved by the Board and implemented in March 2023, saw an improved Energy Availability Factor (EAF) target from 48.39% to about 70% at the end of March 2025.
Moreover, the recovery programme also restored an average of 7,800 Megawatts (MW).
In November 2025, S&P Global Ratings upgraded South Africa’s sovereign credit rating for the first time in almost two decades, citing reduced fiscal risks — including improved contingent liabilities from Eskom’s turnaround.
Picture of Board Chairman -Dr Mteto Nyathi, other members are: Jabulile Tshabalala, Dr Busisiwe Vilakazi, Tshokolo Nchoncho, Vuyo Peach, Sharmila Govind, Kgaugelo Chiloane, Dimakatso Mashoga, Andrew Barendse, Lwazu Goqwana, Clive le Roux and Tsakani Mthombeni.