The failure of an effort to save thousands of jobs at the embattled Post Office has been described as disappointing.
Browsing: Post Office
Post offices across the country are in a state of disarray. What do South Africa’s main political parties intend to do about it?
The pact between business rescue practitioners and unions relies on funding from the Unemployment Insurance Fund.
The Post Office has signed a contract with Ethiopian Airlines to provide airmail services to international destinations.
Government plans to review the Post Office’s monopoly over the delivery of items weighing less than 1kg.
The UK government will meet Post Office workers to discuss handing them ownership of the network.
Hundreds of thousands of grant recipients will be affected by the decision, with warnings about the impact on the rural poor.
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.
Communications minister Mondli Gungebele said he is optimistic that both the SABC and the Post Office can survive.