TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentral TechCentral
    NEWSLETTER
    • News

      State capture probe ends but South Africa remains ‘broken’ by corruption

      23 June 2022

      Vivica Group, formerly Vox, looks beyond ICT

      23 June 2022

      Protests break out at Eskom plants

      23 June 2022

      South Africa scraps public mask mandate

      23 June 2022

      Crypto is not too big to fail

      23 June 2022
    • World

      Crypto crash survivors could become ‘tomorrow’s Amazons’

      23 June 2022

      Tether to launch a stablecoin tied to the British pound

      22 June 2022

      Tech giants form metaverse standards body, without Apple

      22 June 2022

      There are still unresolved matters in Twitter deal, Musk says

      21 June 2022

      5G subscriptions to top one billion in 2022: Ericsson

      21 June 2022
    • In-depth

      The great crypto crash: the fallout, and what happens next

      22 June 2022

      Goodbye, Internet Explorer – you really won’t be missed

      19 June 2022

      Oracle’s database dominance threatened by rise of cloud-first rivals

      13 June 2022

      Everything Apple announced at WWDC – in less than 500 words

      7 June 2022

      Sheryl Sandberg’s ad empire leaves a complicated legacy

      2 June 2022
    • Podcasts

      How your organisation can triage its information security risk

      22 June 2022

      Everything PC S01E06 – ‘Apple Silicon’

      15 June 2022

      The youth might just save us

      15 June 2022

      Everything PC S01E05 – ‘Nvidia: The Green Goblin’

      8 June 2022

      Everything PC S01E04 – ‘The story of Intel – part 2’

      1 June 2022
    • Opinion

      Has South Africa’s advertising industry lost its way?

      21 June 2022

      Rob Lith: What Icasa’s spectrum auction means for SA companies

      13 June 2022

      A proposed solution to crypto’s stablecoin problem

      19 May 2022

      From spectrum to roads, why fixing SA’s problems is an uphill battle

      19 April 2022

      How AI is being deployed in the fight against cybercriminals

      8 April 2022
    • Company Hubs
      • 1-grid
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»News»Post Office chair hits out at committee

    Post Office chair hits out at committee

    News By Agency Staff14 March 2016
    Facebook Twitter LinkedIn WhatsApp Telegram Email
    Parliament in Cape Town
    Parliament in Cape Town

    The chairman of the South African Post Office has hit back at parliament’s standing committee on public accounts (Scopa) for questioning his commitment to the state-owned entity.

    Simosezwe Lushaba was lambasted by Scopa for failing to attend the committee’s hearing on 8 March. The hearing came after the Post Office recorded a loss of R1,5bn for the 2015 financial year.

    Scopa chairman Themba Godi said in the hearing that “this entity has been in the news for all the wrong reasons. It’s very embarrassing.”

    But Lushaba has defended his non-appearance at the committee hearing.

    “At no point did I insinuate or directly insult both the Scopa and parliament. The fact that of the matter is that I was never invited to the session of 8 March 2016 to begin with,” Lushaba said.

    He said that Scopa’s letter to the Post Office invited CEO Mark Barnes and specified a limited number of officials.

    “At no point did either the entire board, as accounting authority, any member of the board or I receive an invite to the Scopa session. But out of my own initiative, based on courtesy and respect, I encouraged the board to accompany the CEO to the scheduled session citing that the CEO was new at the Post Office,” said Lushaba.

    Members of Scopa suggested that Lushaba was “conflicted” as the losses occurred under his watch as administrator.

    “I was appointed by the minister [Siyabonga Cwele] as both administrator and chairperson of the board respectively and I have no reason to doubt that the minister based these on the relevant acts to avoid any ‘conflict of interest’ among other potential pitfalls,” said Lushaba.

    “Conflict arises when one participates in a decision and/or transaction that s/he stands to benefit from. It is unclear what decision and/or transaction do I stand to benefit from,” he added.

    Lushaba said that the Post Office accepted the auditor-general’s report into the “regression” in key performance areas of the entity.

    The AG earlier this year found that irregular expenditure at the Post Office increased to R576,9m, while fruitless and wasteful expenditure grew to R95m.

    “As a consequence, the management is currently implementing whatever remedial actions possible given the Post Office’s current context of limited cash as well as the high vacancy rate as a result of staff resignations,” said Lushaba.

    Fin24

    Mark Barnes Post Office Scopa Simosezwe Lushaba Themba Godi
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticleJo’burg Internet exchange gets second site
    Next Article Behind the Sim-swap fraud fracas

    Related Posts

    State capture probe ends but South Africa remains ‘broken’ by corruption

    23 June 2022

    Vivica Group, formerly Vox, looks beyond ICT

    23 June 2022

    Protests break out at Eskom plants

    23 June 2022
    Add A Comment

    Comments are closed.

    Promoted

    Huawei P50 now available for pre-order in South Africa

    23 June 2022

    Calabrio paves way for SA’s cloud contact centre WFO journey alongside AWS

    23 June 2022

    More than card machines – iKhokha diversifies to reach more SMEs

    22 June 2022
    Opinion

    Has South Africa’s advertising industry lost its way?

    21 June 2022

    Rob Lith: What Icasa’s spectrum auction means for SA companies

    13 June 2022

    A proposed solution to crypto’s stablecoin problem

    19 May 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.