insolvency

  1. Hanno Labuschagne

    SAPO debt surges to R12.5 billion

    SAPO debt surges to R12.5 billion The South African Post Office (SAPO) is insolvent, and its debt obligations have increased to R12.5 billion. This is according to a statement from the business rescue practitioners this week, who said the state-owned company must improve revenue and implement...
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