SA said to target R4bn from Telkom stake

2017-12-15 10:28

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.

Sapo’s Sassa admin costs

2017-11-26 06:00

Experts overseeing the grant payment transition say the Post Office’s budget projections are shockingly high.

Treasury to review Sassa, Post Office deal points – Dlamini

2017-11-01 17:14

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.

Govt could dispose of Telkom shares to avoid expenditure breach

2017-10-25 14:22

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.

We can save the grants payment crisis, Post Office says

2017-03-15 07:43

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.

How to liberate Sassa from its hostage situation

2017-02-03 19:07

The Post Office has the power to stop this exploitation of the poor, writes social activist Bongi Poloma Makeba.

Post Office launches e-registered mail

2016-05-19 13:24

Traditional paper-based registered mail can now be sent to email addresses, the South African Post Office has announced this week.

Post Office nears raising R2.7bn in capital

2016-04-28 15:29

The embattled South African Post Office is near to raising R2.7bn in capital from the likes of banks, says chief executive officer Mark Barnes.

Why Cwele chose Mark Barnes as Sapo CEO

2015-12-03 14:04

Telecomms and postal services minister Siyabonga Cwele lists key reasons why banker Mark Barnes was hired to lead the South African Post Office.

Post Office won't be privatised, says new CEO

2015-11-20 10:18

Turnaround plans at the South African Post Office do not include any talk of privatisation, says the state-owned company’s new chief executive officer.


OUTA wants to see new welfare grants deal

2017-12-11 11:07

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.

Panel asks Treasury to probe Sassa

2017-11-21 10:34

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.

WATCH: SOEs behind the decay of the fiscus – economist

2017-10-26 21:45

Much of the decay of the country’s fiscus is self-made through bailouts to state-owned enterprises, says an economist.

Partial privatisation of SOEs on the cards

2017-07-14 06:00

Finance Minister Malusi Gigaba has announced that partial privatisation of state-owned enterprises is on the agenda to revive the economy.

Money will be found for SAA and Post Office – Gordhan

2017-02-22 14:52

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.

Post Office's late financials a concern - AG

2016-11-17 17:24

The loss-making Post Office is one of two public entities which received a qualified audit opinion for the year 2015/16.

Post office workers tired of low pay, no toilet paper, fixing own bikes

2016-05-05 17:21

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.

Post Office Centurion lease was unlawful - public protector

2016-02-23 16:39

Sapo's acquisition of a R161m ten-year lease for an office building in Centurion was “tainted by procurement irregularities and corruption”, says the public protector.

New Sapo CEO to ‘remain involved’ at Purple Group

2015-11-24 15:42

Mark Barnes, the new chief executive officer of the South African Post Office (Sapo), will take a non-executive role within Purple Group.

New CEO eyes profitable Post Office

2015-11-20 08:24

Possibilities exist for the beleaguered South African Post Office to be profitable again, says the state-owned unit’s new chief executive officer Mark Barnes.

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