The failure of an effort to save thousands of jobs at the embattled Post Office has been described as disappointing.
Browsing: Anoosh Rooplal
The pact between business rescue practitioners and unions relies on funding from the Unemployment Insurance Fund.
Business rescue practitioners Anoosh Rooplal and Juanito Damons have told MPs about their plans to rescue the Post Office.
The Post Office will not be liquidated but thousands of jobs are now set to go after creditors agreed to a rescue plan.
The Post Office is seeking another R3.8-billion bailout – but under a rescue plan, a jobs bloodbath seems inevitable.