Bloomberg News

Eskom Won’t Pay Dividend as It Reinvests Profit Into Business

June 27, 2011

June 27 (Bloomberg) -- Eskom Holdings SOC Ltd., the state- owned South African power utility, won’t pay a dividend in fiscal 2011 as it reinvests all its profit back into the business, Chief Executive Officer Brian Dames said in a speech in Johannesburg today.

To contact the reporter on this story: Carli Lourens in Johannesburg at clourens@bloomberg.net

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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