The Post Office has reapplied for Ters scheme money following national treasury’s refusal to bail it out.
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Communications minister Solly Malatsi has told TechCentral that he is actively seeking ways to rescue the Post Office.
Finance minister Enoch Godongwana has refused to bail out the Post Office. Now 6 000 jobs are on the line.
Recently appointed communications minister Solly Malatsi is the guest in this episode of the TechCentral Show.
Communications minister Solly Malatsi has said a rescue plan for the company must consider “privatisation scenarios”.
The Post Office is needed to drive e-commerce in South Africa, Zulzi founder Donald Valoyi has said.
Insider access to critical IT systems and VPN access for Pin resets were among the tools used to defraud the Postbank.
The first tranche of severance packages for retrenched employees of the state-owned entity is being paid on Friday.
The mismanagement of the Post Office shows that the ANC is bereft of ideas and is tired of governing South Africa.
The embattled Post Office has been granted an extension to a monopoly that it appears powerless to enforce.