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Eskom
3.0
based on 18 Reviews
Working at Eskom
Company Summary
Eskom Enterprises serves as the investment division of Eskom Holdings, aimed at enhancing the energy sector's growth and service quality across Africa.
Overall Rating
3.0/5
based on 18 reviews
21% below
industry average
Highly rated for
Job security
Critically rated for
Work-life balance, Promotions, Company culture
Work Policy
Monday to Friday
80% employees reported
Strict timing
63% employees reported
Within country
38% employees reported
Day shift
89% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
4 employees reported
Cafeteria
2 employees reported
Office cab/shuttle
1 employee reported
Free meal
1 employee reported
View all benefits
About Eskom
Founded in1923 (102 yrs old)
India Employee Count--
Global Employee Count10k-50k
HeadquartersJohannesburg, South Africa
Office Locations
--
Websiteeskom.co.za
Primary Industry
Other Industries
--
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Eskom Enterprises, a wholly owned subsidiary of Eskom Holdings, represents the investment arm of South Africa’s Eskom Holdings, and is tasked with providing high quality, mission critical services to Eskom in particular and the electricity industry as a whole. In support of Eskom’s Africa strategy, Eskom Enterprises aims to grow Africa’s energy industry and so doing improve the quality of life in South Africa, SADC and the rest of the continent.
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Eskom Ratings
based on 18 reviews
Overall Rating
3.0/5
How AmbitionBox ratings work?
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6
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Category Ratings
4.0
Job security
3.5
Salary
2.9
Skill development
2.8
Work satisfaction
2.7
Company culture
2.7
Promotions
2.4
Work-life balance
Eskom is rated 3.0 out of 5 stars on AmbitionBox, based on 18 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Eskom Reviews
Compare Eskom with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.0/5 based on 18 reviews | 4.1/5 based on 7.1k reviews | 4.1/5 based on 2.3k reviews | 4.0/5 based on 2.1k reviews |
Highly Rated for | Job security | Work-life balance Company culture Job security | Work-life balance Company culture Skill development | Salary Skill development |
Critically Rated for | Work-life balance Company culture Promotions | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | - | Hybrid 78% employees reported | Hybrid 61% employees reported | Work from office 60% employees reported |
Rating by Women Employees | 2.3 Poor rated by 4 women | 4.0 Good rated by 1.1k women | 4.2 Good rated by 431 women | 4.0 Good rated by 249 women |
Rating by Men Employees | 3.0 Average rated by 10 men | 4.2 Good rated by 5.6k men | 4.1 Good rated by 1.7k men | 4.0 Good rated by 1.7k men |
Job security | 4.0 Good | 4.0 Good | 3.9 Good | 3.4 Average |
View more
Eskom Salaries
Eskom salaries have received with an average score of 3.5 out of 5 by 18 employees.
Senior Advisory Consultant
(3 salaries)
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₹22.5 L/yr - ₹28.8 L/yr
Engineering Assistant
(2 salaries)
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₹1.3 L/yr - ₹1.6 L/yr
Health Safety Officer
(1 salaries)
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₹0.9 L/yr - ₹1.1 L/yr
Finance Manager
(1 salaries)
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₹96.9 L/yr - ₹1.1 Cr/yr
Secretary
(1 salaries)
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₹0.1 L/yr - ₹0.1 L/yr
Senior Engineer
(1 salaries)
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₹36 L/yr - ₹46 L/yr
SAP Basis Administrator
(1 salaries)
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₹95 L/yr - ₹1.1 Cr/yr
IT Service Delivery Manager
(1 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Quality Control Officer
(1 salaries)
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₹0.5 L/yr - ₹0.7 L/yr
Software Developer
(1 salaries)
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₹1.9 L/yr - ₹2.5 L/yr
Eskom News
View all
Stage 6 load shedding hits South Africa
- Eskom, the state power utility in South Africa, implemented stage 6 load shedding due to power station failures and maintenance.
- Stage 6 load shedding is the most significant power cut measure taken by Eskom since November 2023.
- This is the second bout of load shedding within a month, with Eskom previously implementing stage 3 load shedding on January 31.
- A media briefing will be held today to provide more details and updates on the power system.
Moneyweb | 23 Feb, 2025
Nersa approves restructuring of Eskom tariffs
- Nersa approved Eskom’s Retail Tariff Plan that will charge owners of solar PV installations fixed fees monthly regardless of usage.
- The increased fixed charges by Eskom will be phased in over three years, beginning on 1 April.
- The restructuring is not intended to increase Eskom’s revenue as the recent revenue determination still stands.
- Eskom requested the tariff restructuring since 2020 to align with cost drivers and fair usage.
- The unbundling of generation costs will prepare Eskom for a competitive wholesale market as per the Electricity Regulation Amendment Act.
- Residential customers will no longer be charged under inclining block tariffs to provide clearer economic signals.
- Changes to Time of Use (ToU) tariffs will affect peak hours, with the introduction of a two-hour standard period on Sunday evenings.
- Service charges for large power users will decrease significantly, but customer service charges will be applied per point of delivery.
- Eskom will simplify bulk supply tariffs to municipalities by reducing 15 tariffs to three categories.
- Municipalities will need to align their tariff structures with those of Eskom, pending approval from Nersa.
Moneyweb | 19 Feb, 2025
Eskom’s new solar rules – Here’s what you need to know
- Eskom's recent actions regarding grid-tied solar systems have caused concern in the renewable energy community.
- There are various compliance requirements enforced by different municipalities, with each having its own rules for connection.
- Users should focus on where their account is based to understand registration processes due to discrepancies.
- While Eskom states unregistered systems are illegal, only about 25 municipalities have the capacity to register these systems.
- Safety and grid stability are cited as primary reasons for the regulations implemented by Eskom.
- The limitations on solar PV systems and battery charging rates aim to maintain grid stability and inverter quality.
- All solar systems connected to the grid, whether for businesses or households, should be registered with the respective municipality.
- Compliance costs can vary significantly depending on the municipality and the thoroughness of the installation.
- Registration through Eskom incurs an administration fee of around R2,500, alongside potential additional costs for infrastructure inspections and system sign-offs.
- The regulatory measures, although tough, play a role in understanding the number of installed systems and informing future power resilience planning.
Moneyweb | 18 Feb, 2025
Revamped Necsa prepares for the return of small nuclear reactors
- South Africa's Koeberg Power Station is the continent's sole producer of nuclear energy, but the country is gearing up for the return of small modular reactors (SMRs) to meet the demand for clean, affordable energy in Africa.
- The Pebble Bed Modular Reactor (PBMR) project, once a world leader in SMR development, is being revived by SA Nuclear Energy Corporation (Necsa) to bring back SMRs that can generate 20 to 300 megawatts for localized use.
- Necsa and Eskom are considering repurposing aging coal power stations for SMRs, potentially lowering costs and increasing efficiency in energy production.
- The Safari reactor, known for producing medical isotopes, will need replacement with a multi-purpose reactor by Necsa as it nears the end of its lifespan.
- Nuclear power at R1.13/MW is more cost-effective compared to coal and other forms of energy generation, making it a commercial and environmentally friendly option for South Africa.
- Several African countries like Egypt, Ghana, Burkina Faso, and Mali are exploring nuclear energy projects, while South Africa is looking to deploy its SMR expertise across Africa and the Middle East.
- Necsa is showing progress in financial results and operational efficiency, transitioning to unqualified audits and marking profitability after restructuring efforts.
- Former Necsa chair Kelvin Kemm's Stratek Global is partnering to deploy advanced nuclear solutions like the HTMR-100 reactor, which offers flexibility in deployment and cooling requirements.
- South Africa's nuclear expertise is gaining traction globally, with professionals contributing to projects like the UAE's Barakah Nuclear Power Plant and companies like X-energy.
- The push for SMRs and advanced nuclear technologies signals a shift towards sustainable and efficient energy solutions that could address Africa's energy needs in the future.
Moneyweb | 18 Feb, 2025
The budget must stay the course on fiscal consolidation
- The budget from the government of national unity is crucial in setting coherent spending priorities, aimed at prioritizing the country over party politics.
- New regulations governing public-private partnerships aim to facilitate joint funding for public infrastructure projects.
- There is a focus on maintaining positive relations with the US for economic growth and job creation, emphasizing the importance of protecting business interests in both countries.
- The budget plays a significant role in achieving a 3% growth target by prioritizing sustainable job creation and supporting an environment for private sector investment.
- Ensuring government's ability to fund spending plans without imposing detrimental tax increases is crucial for maintaining investor confidence and economic stability.
- The new regulations on public-private partnerships aim to streamline processes for private sector involvement in infrastructure projects, enhancing investment opportunities.
- The budget's emphasis on infrastructure development, particularly through partnerships with the private sector, is essential for improving project delivery and stimulating economic growth.
- Maintaining favorable foreign policy relations, especially with the US, is vital for boosting trade, job creation, and economic growth.
- Efforts to reduce debt levels, enhance efficiency in spending, and prioritize areas like infrastructure and education are key aspects that the budget must address.
- It is crucial for the budget to support growth initiatives, encourage business investment, and address financial challenges faced by state-owned enterprises like Eskom and Transnet.
Moneyweb | 17 Feb, 2025
Is Eskom’s power supply on the right track?
- Eskom had 300 days of no load shedding before a recent small episode.
- Despite the recent bout of load shedding, Eskom's power supply is generally on the right track.
- Eskom faces challenges including debt, maintenance, and structural vulnerabilities.
- A sustainable power supply has had positive effects on the economy and investor sentiments.
- Koeberg's refurbishment extends its life by 20 years and enhances grid stability.
- Eskom's request for a 36% tariff increase was reduced to 12.7% by Nersa.
- Municipal debt owed to Eskom has surpassed R100 billion, posing financial strain.
- Eskom may require further financial support beyond 2026 to return to profitability.
- Independent power producers are playing a significant role in diversifying the energy landscape.
- South Africa's electricity prices are mid-range globally, higher than some developing nations but lower than most developed countries.
Moneyweb | 14 Feb, 2025
Simon’s weekly wrap: Markets, mines, and money moves
- Mine streaming, where a company funds the cost of building and operating a mine in exchange for a share of the profits, discussed by Keith McLachlan from Integral Asset Management.
- Pan African Resources, despite a decline in production and sales, aims to expand production and become more cash flow positive as their hedge expires this month, according to CEO Cobus Loots.
- Eskom's requested 36% price increase denied, impacting their debt, discussed by Casey Sprake from Anchor. South Africa's electricity costs remain around the global average despite steep price hikes.
- Herman van Papendorp from Momentum Investments discusses navigating investments in the era of Trumponomics, leaning towards US equities over bonds but with caution.
Moneyweb | 14 Feb, 2025
Is South Africa assisting Iran on the nuclear front?
- US President Donald Trump's accusation that South Africa is assisting Iran to develop 'nuclear arrangements' has gone largely unnoticed in mainstream debates amidst the noise surrounding an executive order related to the Expropriation Act.
- South Africa's history in the nuclear industry includes energy, medicine, and weaponry, but it voluntarily dismantled its nuclear weapons in 1993.
- There are no known dealings between South Africa and Iran in terms of nuclear arrangements according to Dave Nicholls, former chief nuclear officer at Eskom.
- The relationship between South Africa and Iran dates back to the 1970s, involving weapon trades and uranium sales, but the specifics of any current nuclear cooperation remain unclear.
- The accusation linking South Africa to Iran's nuclear program may be a root cause of Trump's concern and ties with the country.
- South Africa has supported Iran's right to peaceful nuclear capability amidst concerns over the development of nuclear weapons by Iran.
- The Department of International Relations and Cooperation (Dirco) highlights the historical relationship between South Africa and Iran through various cooperation mechanisms.
- In response to the allegations, the South African government denied claims of Iranian funding for actions against Israel in the International Criminal Court.
- The accusation raises serious national security concerns for South Africa and its relationship with the US and Israel.
- The extent of potential South African involvement in Iran's nuclear program remains uncertain, with conflicting statements from various sources.
Moneyweb | 13 Feb, 2025
Eswatini moves to reduce reliance on Eskom and coal
- Construction has started on the 13.5MW Lower Maguduza Hydro Power Project in Eswatini to reduce reliance on Eskom and transition to decarbonizing energy supply.
- Energy generation is expected to begin in 2027, powering 11,000 average South African households.
- Manganese Metals Company is shifting to renewable energy, encouraging other intensive users like mines and smelters to consider the same.
- Eskom may increase tariffs if sales drop, impacting consumers' costs.
- African Clean Energy Developments sponsored the first privately-owned generation project in Eswatini in collaboration with AIIM and PSPF.
- Eswatini's current electricity capacity is 71MW, but heavily relies on imports, mainly from Eskom.
- The hydro power project involves redirecting river flow without relocating people or building new dams.
- ACED and AIIM aim to finalize a new solar project by mid-year, contributing to energy security and job creation.
- This project marks an important step towards energy self-sufficiency in Eswatini and reducing reliance on traditional energy sources.
- About 500MW of hydro, wind, and solar projects have been brought to financial close in the past 24 months by ACED and EIMS Africa.
Moneyweb | 12 Feb, 2025
Public-private deals under R2bn no longer need go-ahead from Treasury
- National Treasury announced measures to cut red tape in public-private partnership deals under R2 billion, with a focus on infrastructure spending.
- The changes aim to facilitate private sector participation in infrastructural investments, particularly influenced by entities like Transnet and Eskom.
- The amendments are applicable across government agencies and state-owned enterprises, making it easier to engage in public-private partnerships.
- While the amendments may attract some foreign direct investment and streamline processes, they are not a solution for significant economic growth.
- The efficiency of the government, reduction of corruption, and structural adjustments are crucial for attracting investments and economic growth.
- Public-private partnerships are seen as unnecessary by some economists, advocating for private sector projects without state involvement.
- The conversation extends to interest rates and inflation management, highlighting the impact of administrative prices controlled by the government.
- Efforts to lower inflation targets are advised to address mismanagement in administrative pricing levels and encourage competition in public services.
- Overall, economic growth in South Africa faces challenges that require significant structural changes and better management practices for sustainable growth.
- National Treasury's initiative aims to simplify processes, but broader economic reforms and sound policies are necessary for long-term economic stability and growth.
Moneyweb | 12 Feb, 2025
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Eskom FAQs
When was Eskom founded?
Eskom was founded in 1923. The company has been operating for 102 years primarily in the Telecom sector.
Where is the Eskom headquarters located?
Eskom is headquartered in Johannesburg.
Does Eskom have good work-life balance?
Eskom has a work-life balance rating of 2.4 out of 5 based on 10+ employee reviews on AmbitionBox. 50% employees rated Eskom 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Eskom reviews for more details
Is Eskom good for career growth?
Career growth at Eskom is rated as poor, with a promotions and appraisal rating of 2.7. 50% employees rated Eskom 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Eskom reviews for more detailed insights.
What are the pros and cons of working in Eskom?
Working at Eskom comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for work life balance, promotions / appraisal and company culture, based on 10+ employee reviews on AmbitionBox.
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