Our debt-to-GDP ratio is growing, we're running a problematic current account deficit, state-owned companies are a drag on the economy and our bloated public service wage bill needs to be trimmed. We're running out of money, and fast.
Workers must fight to get shares in the SOEs alongside private sector players and the state in a shareholding system that balances the commercial imperative and general wellbeing of the economy, writes Mpumelelo Mkhabela.
We feel their pain. Some of the issues raised will help them, says striker.
The website of the South African Post Office has been down for a number of days, allegedly due to unpaid domain fees.
South Africa is seeking to raise as much as R4bn from the sale of part of its 39% stake in Telkom to raise funds for SAA and the post office, according to two people familiar with the matter.
Experts overseeing the grant payment transition say the Post Office’s budget projections are shockingly high.
National Treasury has agreed to review the talks leading up to the stalled deal between the South African Social Security Agency and the South African Post Office, MPs have heard.
Government may dispose of a portion of its “well-performing” shares in fixed and mobile operator Telkom in efforts to avoid a R3.9bn expenditure ceiling breach.
The South African Post Office has officially joined the scramble to replace CPS as the country's social grants distributor amid an ongoing crisis over the payment of beneficiaries.
The Post Office has the power to stop this exploitation of the poor, writes social activist Bongi Poloma Makeba.
Traditional paper-based registered mail can now be sent to email addresses, the South African Post Office has announced this week.
Social grant beneficiaries are still having to travel long distances to collect their grants in cash, as the new payment system develops, says the Black Sash.
Social grant recipients who are still using their old South African Social Security Agency cards should swap them for new ones over the weekend, the South African Post Office says.
SA Post Office (Sapo) boss Mark Barnes has fired a veiled attack at Social Development Minister Bathabile Dlamini by accusing the SA Social Security Agency (Sassa) of being “non-responsive and causing delays” in his entity’s ability to take over the payment of grants on April 1.
It is official, the South African Post Office will now be in charge of distributing SASSA grants, but OUTA wants the details of the new deal to be made public.
Treasury should probe the conduct of officials at the welfare agency and the social development department for possible prosecution, according to a court appointed panel.
Much of the decay of the country’s fiscus is self-made through bailouts to state-owned enterprises, says an economist.
Finance Minister Malusi Gigaba has announced that partial privatisation of state-owned enterprises is on the agenda to revive the economy.
Finance Minister Pravin Gordhan says he can't say where for now, but money will be found to put South African Airways and Post Office on a sounder financial footing.
The loss-making Post Office is one of two public entities which received a qualified audit opinion for the year 2015/16.
SA Post Office workers have marched in Cape Town to demand improvements in the state-owned entity, saying they are “gatvol” with their working conditions.
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