The embattled South African Post Office is near to raising R2,7bn in capital from the likes of banks, said CEO Mark Barnes. The Post Office has suffered years of maladministration with the state-owned entity recording a R1,5bn loss in 2015
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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
Parliament’s standing committee on public accounts has slammed the South African Post Office for the absence of its chairman at a key meeting into the financial viability of the
The South African Post Office says it is taking on board public protector Thuli Madonsela’s damning report on corruption at the parastatal. Madonsela’s report, dubbed “Postponed Delivery”, said the Post Office’s acquisition of a
The newly appointed CEO of the South African Post Office has promised serious financial controls after years of instability at the struggling parastatal. Former banker Mark Barnes, who became Post Office CEO last month, told parliament’s
Tapping e-commerce, ramping up banking services and regaining trust are key reasons why banker Mark Barnes was hired as the South African Post Office CEO. This is according to the minister of telecommunications & postal services Siyabonga Cwele, who
We shake up the format a little in TalkCentral this week, introducing a quiz to the show and making some other changes. But the focus is still what’s happening in the world of technology, and your hosts Duncan McLeod and Regardt van der Berg talk about the 30th anniversary of Windows
Turnaround plans at the South African Post Office do not include any talk of privatisation, says the state-owned company’s new CEO. Cabinet on Thursday approved the appointment of Mark Barnes as group CEO
Possibilities exist for the beleaguered South African Post Office to be profitable again, said the state-owned company’s new CEO. On Thursday, cabinet approved the appointment of Mark Barnes as group CEO of the
The Post Office is getting a veteran of corporate South Africa to lead it. Telecommunications & postal services minister Siyabonga Cwele said on Thursday that cabinet had decided to appoint Mark