Parliament has slammed the Post Office’s business rescue practitioners over a request for a closed-door meeting.
Browsing: Post Office
Energy security, food security and even jobs: what government could have done instead of trying to save the Post Office.
The struggling South African Post Office has once again received a temporary lifeline from government.
Parliamentarians are annoyed that the Post Office’s business rescue practitioners didn’t attend a scheduled meeting.
Government is reviewing the Post Office’s list of reserved services with a view potentially to liberalising the sector.
The South African Post Office is deadweight threatening to overburden an already-stretched national fiscus.
The Post Office can survive another month with the funds but the turnaround strategy still demands billions from the fiscus.
The Post Office has reapplied for Ters scheme money following national treasury’s refusal to bail it out.
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.