Post Office losses widen to more than R1bn as mail volumes decline

2019-10-15 20:34

Losses at the SA Post Office increased by R95m, to R1.1bn for the 2018/19 financial year.

Best of City Press: Ramaphosa faces fightback, Post Office in R200m debacle, and EFF accused of gender violence

2018-08-19 17:04

In case you missed it, here are some of the best-read stories from City Press on Sunday, 19 August.

Sassa admits: No feasible contingency plan for cash payments of social grants

2018-03-13 21:01

Sassa's contingency plan to manage the cash component of the social grants system was only work in progress, acting CEO Pearl Bhengu has explained in court papers.

No confidence debate looms for Dlamini if Sassa progress stalls

2017-10-27 12:59

Social Development Minister Bathabile Dlamini could face a motion of no confidence in Parliament if Sassa can show no progress made in the grants handover by Tuesday.

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.

Post Office closes 221 outlets amid R1.1bn loss

2016-10-05 12:40

Financial woes continue to weigh on the South African Post Office as it has recorded a R1.1bn final loss for the year ended March 31 2016.

Mixed views on Post Office turnaround hopes

2016-02-25 12:25

Fin24 users have mixed views on whether the SA Post Office’s new chief executive officer will be able to help restore profitability at the embattled parastatal.

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.

New Post Office boss talks tough on turnaround

2015-11-19 17:45

Cabinet has approved the appointment of Mark Barnes as the Group Chief Executive Officer of the South African Post Office.


'We are still not there but we see light' - SAPO on clearing mail backlogs

2018-11-14 18:30

The South African Post Office says it is dealing with a local mail backlog of about 4.8 million items – but the international figure is much higher.

SA Post Office and trade unions reach salary agreement

2018-07-18 20:28

The South African Post Office and trade unions have reached an agreement over salary increases, bringing an end to the strike.

Sassa, Post Office agree to 'sit through the night' to thrash out deal

2017-10-31 13:11

The South African Social Security Agency and the South African Post Office will "sit through the night" to thrash out a deal for the social grants scheme before Wednesday evening, MPs have heard.

Mark Barnes: Post Bank could manage Sassa better and cheaper

2017-03-17 16:03

South African Post Office CEO Mark Barnes says the Post Bank could manage the distribution of Sassa grants at a higher competence level and likely at a reduced cost.

Mark Barnes denies Post Office links to Sassa grants bid

2017-02-15 15:30

Reports linking the South African Post Office to a bid for South Africa Social Security Agency grants to “CPS, Net1 or any other parties are not true”, says SAPO.

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.

Post Office boss vows to rein in reckless spending

2016-02-24 07:55

The new chief executive of the South African Post Office has promised serious financial controls after years of instability at the struggling parastatal.

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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