Question NW1535 to the Minister of Communications and Digital Technologies
02 July 2021 - NW1535
Buthelezi, Mr EM to ask the Minister of Communications and Digital Technologies
Given the recent publication of the annual report of the SA Post Office’s financial results for the 2019-20 financial year, which shows that the Post Office is technically insolvent, how does she and/or her department intend to return the Post Office to solvency?
Reply:
The SA Post Office has prioritised initiatives that focus on improving service delivery, revenue recovery and growth and cost reduction. The Department is concluding the procurement process to appoint a team of experts to develop a restructuring and turnaround plan for a sustainable post office of the future. The turnaround plan will inform the MTEF funding submission for the post office.
MS. STELLA NDABENI-ABRAHAMS, MP
MINISTER OF COMMUNICATIONS AND DIGITAL TECHNOLOGIES