From crisis to turnaround: Calib Cassim on his 24 years at Eskom

Ray White, standing in for Bongani Bingwa, speaks to Calib Cassim, Eskom’s Chief Financial Officer, about his 24-year journey at the power utility as he prepares to retire in the 2026/27 financial year. The discussion explores Eskom’s reported financial turnaround, including a R30.3 billion profit and improved power station performance, while also examining major challenges such as R111.6 billion owed by municipalities, declining electricity demand and ageing infrastructure. Cassim also reflects on Eskom’s future as cities and businesses increasingly turn to private and renewable energy sources. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg-based talk radio station.   Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team brings you all you need to know to start your day  Thank you for listening. Listen live on Primedia+ weekdays from 6 am to 9 am (SA Time) https://buff.ly/gk3y0Kj  For more from the show and catch-up podcasts, visit Primedia+ here https://buff.ly/zEcM35T  Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc  Let’s keep the conversation going online:  702 on Facebook: https://www.facebook.com/TalkRadio702    702 on TikTok: https://www.tiktok.com/@talkradio702  702 on Instagram: https://www.instagram.com/talkradio702/  702 on X: https://x.com/Radio702  702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.