Eskom missed its most important target but still paid executives and staff big bonuses

• Eskom missed its annual energy availability factor (EAF) target for the 2024 financial year, with an actual EAF of 54.56%.
• The utility has failed to meet its EAF target for most of the past two decades, despite repeatedly adjusting its goalposts.
• Eskom's board members have consistently been paid large performance-based bonuses despite missing its EAF target, which measures the percentage of time a power plant or grid is able to produce electricity relative to its full capacity.