SA SOEs bleed billions despite government rescue efforts
South African state-owned entities Eskom, Sapo, and Transnet have faced significant financial challenges over the past three years…
South African state-owned entities Eskom, Sapo, and Transnet have faced significant financial challenges over the past three years…
As the South African Post Office faces financial turmoil and plans massive job cuts, explore these seven affordable alternatives.
The South African Post Office is facing a financial crisis, demanding salary increases, no salary cuts and a freeze on retrenchments.
“The South African Post Office faces a loss of R2.5bn in 2020/21 and owes large amounts in pension fund contributions for workers,” says MyBroadband.
As penmanship has become old-fashioned, the lens of nostalgia magnifies the value of postage stamps in alternative investing.
With its enterprising CEO and a UK role model, the SAPO may yet be turned around. Bringing back a Christmas card tradition is only one of the upsides.
While Mark Barnes, CEO of SAPO, has laid out some workable proposals, Dave Tootill wonders if transparent metrics or shortened queues wouldn’t be better published.
Given its continued drain on National Treasury, fixing the Post Office is something all South Africans should want done. We seem to have the right man in the job.
The Standing Committee on Public Accounts has questioned the commitment of the South African Post Office (SAPO) chair after he failed to appear at a key hearing.
With a world that’s becoming increasingly digital, the SA Post Office’s annual rates increase has occurred without much publicity both through the media and at Post Offices around South Africa.