DStv Channel 403 Monday, 23 December 2024

What plans are in place to rescue South African Post Office?

JOHANNESBURG - The Department of Communications and Digital Technologies is considering the partial privatisation of the South African Post Office.

READ: Unions unhappy about potential job losses at Sapo

This, in order to enhance its competitiveness and ensure long-term sustainability.

The Post Office faces a financial crisis, and if measures to rescue the entity are not implemented, it could face liquidation, leading to the closure of all branches and the loss of jobs.

What are the latest developments on this?

Minister Solly Malatsi discussed this with eNCA. 

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