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South African Post Office (SAPO).
Parliament’s Communications and Digital Technologies Portfolio Committee wants an urgent meeting with Finance Minister Enoch Godongwana. This has emerged at the committee’s meeting. It says it wants to get clarity on an outstanding R3.8b funding commitment to the South African Post Office (SAPO).
The funding commitment was meant to fund SAPO’s infrastructure upgrades, the digitisation programme and settle creditor obligations. This was meant to be part of the plan to turnaround the underperforming post office.
[WATCH] Minister of Employment and Labour Nomakhosazana Meth has formally implemented a R381 million lifeline to save the South African Post Office. She has signed an agreement between SAPO and the UIF that aims to preserve 6,000 jobs. Ministry of Employment and Labour… pic.twitter.com/MNykDUhMfd
— SABC News (@SABCNews) May 23, 2025
“It appears that the SAPO business rescue practitioners have indicated that the lack of funding jeopardises the business rescue plan and may result in SAPO exiting the business rescue plan prematurely.,” says Parliament’s legal advisor, Advocate Aadielah Arnold.
The Communications Workers Union (CWU) has warned that there is a ‘huge possibility’ that the South African Post Office (SAPO) may cease functioning at the end of this month. pic.twitter.com/6AUWxOddnS
— SABC News (@SABCNews) February 7, 2025
Chairperson of the committee, Khusela Diko, says they want the Finance Minister to clarify the situation at a meeting that will be scheduled soon.
“The sense that I have always had was that, in the event that SAPO is able to present a sustainability plan to the National Treasury – and I must commend them for the work they have started doing around seeking strategic partnerships, – then the National Treasury would be on board. I would like to propose that we schedule a meeting to find out how far that process is,” says Diko.
