SA Post Office can’t pay staff full salaries

The South African Post Office (Sapo) says it paid all its staff 70% of their total salaries with the remaining 30% expected to be deposited by October 31.

Sapo revealed last week that it originally planned to pay salaries in two batches: 50% on October 25 2015 and the balance on 31 October 2015.

“Through our efforts to alleviate the effect of the SA Post Office’s negative position on employees, we paid 70% of each employee’s salary on Friday 23 October, as opposed to a 50%/50% split initially indicated, to all our employees,” said Sapo spokesperson Khulani Qoma.

“The balance of 30% of all individual salaries is due on the last day of October,” said Qoma.

Sapo said in a written response on October 16 to unions that because of “current financial constraints” it was unable to pay full salaries on October 25 2015.

The Post Office was put into administration last year following a crippling months-long strike and a poor financial performance.

Earlier this year, it was reported that it expected to report a loss of R1.3bn.

Fin24

More on the Post Office

Board members ran SA Post Office into the ground

Latest news

Partner Content

Show comments

Recommended

Share this article
SA Post Office can’t pay staff full salaries