SA POST OFFICE NEEDS BAILOUT OF R3.4 

The South African Post Office (Sapo) wants a R3.4 billion bailout from the government to cover its cash flow deficit and fund the implementation of its turnaround strategy. Sapo said it requires R1 billion of the funding before 31 March 2023 to help with its cash flow...

TELKOM TO CUT OFF POST OFFICE

Telkom has threatened to cut off communications services to the South African Post Office (Sapo) over an outstanding debt of over R225 million. Sapo CEO Nomkhita Mona warned Telkom’s enterprise service division BCX that such a development could jeopardise the payment...