SAPO is also struggling to pay employees benefits, and announced plans in January to reduce working hours and lay off staff in a bid to cut wage costs, which account for 68% of its total spending.
“All necessary steps will be taken to ensure continuous provision of social services, timely grant payments, an efficient workforce, and harmonious negotiations with SAPO’s creditors towards favorable outcomes,” Gungubele said in the statement. Finance Minister Enoch Godongwana said in January that a regulatory framework is being developed to use the post office as a vehicle for a proposed state bank.
The following month, he announced that the company would receive R2.4 billion from the National Treasury this year to help implement a turnaround plan.
Is this not your (ANC) problem It is a SOE!!
MondliGungubel_ and CommsZA I suggest you hold a meeting in the blue crane room with all the ministers that come before you to get an idea of what you guys did wrong.
A bit late now since you got rid of Barnes 4 years ago and who told U the Post Office was on the Brink—just another ANC cadre controlled collapse-very few SOE’ now left to destroy as they are Brocken 👎👎👎
Wait....this is an SoE so who exactly do they want answers from....🤯🤡....
Gov sat on their hands while SAPO were closing branches, not paying over employees PAYE, medical aid, and pension contributions. And NOW they want answers. Seriously?
😂 post office an SOE , I wonder who will be giving them answers , did they not loot and destroy the post office.
As If They Will Do Something. They Also Wanted Answers When Was Being Sold Right In Front Of Them. What Did They Do ,Fokol.
🤣
I wonder what these Ministers are paid for because they are definitely not on top of their game.
the_phi_ Now only? My goodness, the writing was on the wall for years already! What happened? I can tell you, and I promise you, I AM NOT A ROCKET SCIENTIST. They got rid of Barnes, then they looted the Post Office. They milked it dry through fraud. They ate at the 'feeding trough'.
Wants answers from itself ANC doesn’t know what’s happening in its government 🤣🤣
Communists & Socialists.....😝 Yoh !!!!
Mark Barnes was getting PO under control, but typically got no support from a Racist Govt. We also need a Maggie Thatcher to get rid of Unions. S.A. will NEVER recover with this status quo.
I'm sure CyrilRamaphosa is very shocked that this happened
Government wants answers 😂
They want answers only now? The taxpayers money has been urinated into the sloot a long time ago. There is no one left to answer anything.
?
Only now? They were in a serious decline 20 years ago. Stole stuff from Amazon etc. They took forever to send letters. Now you want answers!
Surely this didn’t happen overnight. Where was the minister of communications as the executive authority? Where was the oversight team in that department?
Easy answer, ANC deployment incompetence and looting.
The answer is simple..they f***** it up.
Again they had no idea that this SOE was failing....🤡🤡🤡🤡🤡
They act stupid as if they don't know and they think we are all stupid too.
Make it a requirement for Amazon to partner the post office as a condition for entering SA market . Post office delivers parcels and revamps its business.
Here is a simple answer. You, the government, looted, stole and destroyed. Now no more post office.
Simply! Money gone! Taken!
Seriously, it’s their own bloody business
Who are they going to ask? Each other?
They should ask the minister of public enterprises 🤡 I’m tired of going along with the ANC’s fairytale world.
Idiots
The problem for the GovernmentZA syndicate is that liquidation = no looting.
well 'Government', it is quite simple: - you run at a loss for 10 years - you refuse to re-invent yourself - you make no effort to pay your suppliers - your suppliers get grumpy ...and then the best of all - you act surprised!
Appoint a minister of post
Ask yourself and your ANC policies, you know the answers.
Govt wants answers, from govt, about what happened to a govt entity 🤡🤡🤡🤡
This GovernmentZA is out of touch with reality and what's happening in this country, 😡😡. South Africans we are on our own.
Ask your questions to the mirror... clowns
Look down the corridor
Government wants to answers to what they did. Now that's funny
Its their own fcking SOE, maybe if those ft myanc P1gs took their noses out of the corruption trough for 5 minutes and did the job they are stealing our money for they would have a clue what is happening in their backyard, they are truly worthy of all the stereotypes.
Every clever person knows this is another direct reflection of the anc employment laws of affirmativeaction and bee before efficiency/skilfulness. The success of any business worldwide is always a reflection of its management and human resources.
Cadre deployment?
Government: Causes Post Office to liquidate with bad policies, Also Government: 'Why has the Post Office liquidating?'
That's very VERY rich coming from them...
Did they find out in the media like all of us? 🤣🤣
The answer is the government caused it ffs!
They need to bring the answers cause they mestup
Its simple. ANC
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheCitizen_News - 🏆 6. / 75 Read more »