Report claims South African Post Office is broke and could struggle to pay salaries

[TheChamp]

Does SAPO fall under DPE? If so and if they are out of cash to pay salaries uncle Pravin is going to do some explaining for spending billions on the nonessential SAA while the post office crashes. Tito will be especially pissed if Pravin comes hat in hand again for SAPO after Pravin threw him under the bus for SAA

It falls under Communications.

 

[CataclysmZA]

R1.4 billion in liabilities owed to Postbank

What the ****? Is this paying Postbank for using their platform?

 

[upup]

Do we still need them. Couriers are now the in thing.

 

[Easter Bunny]

they could probably raise enough money if they start selling all those parcels they've stolen from us.

 

[Shadowchaser1]

A friend of mine in SA says, he hasn't received any post from these suckers for years. Whatever he buys he makes use of couriers. I left SA in 2003. Wasn't there a court case or something about Postnet in the early 2000's how the SAPO is going to close them down? From what I understand from him Postnet is going strong.

 

[Gozzy]

Keep stealing & destroying soon no-one will have money to spend. How some people can defend the ANC is beyond me everything they put there hands on gets corrupted and broken.

Yeah also don't get it, it's almost like a hard core sports fan that will keep supporting the same team from day one, no matter how useless the team is 25 years later, it's one of those things, and the funny thing is, some people know this and yet they will still bet on their team to win because they that delusional and yet still surprised about the end result.

Like I remember playing superbru with ex-work people where there's actual money to be won, and yet they still vote their useless team to win because they feel guilty if they don't support their team, like really?

 

[The Trutherizer]

If this goes on then it will probably not be long before the state capturers start vacating the scene of the crime to their tax haven retreats.

 

[DailyTech]

not again

 

[Gordon_R]

If the Post Office needs help, this particular Minister is the last person who should get involved IMO:

Embattled SA post office searching for expert to turn things around, says Ndabeni-Abrahams | News24

Communications Minister Stella Ndabeni-Abrahams has says post office's financial challenges will be addressed.

www.news24.com

 

[obsidian86]

So are they gonna charge mailbox licence fees now?

 

[grok]

****em, who cares?

 

[My_King]

They can sell all those parcels they stole

 

[chrisc]

The whole system should be closed down. No-one would notice

 

[borro]

Easy come, easy go.

 

[bromster]

Focus on the positive everyone. At least we have an airline now.

 

[Thor]

Good riddence