Question NW2227 to the Minister of Communications and Digital Technologies
29 August 2023 - NW2227
Tambo, Mr S to ask the Minister of Communications and Digital Technologies
Whether he will elaborate in a comprehensive manner the bases of the predicted revenue increase for the SA Post Office of an average annual rate of 4.7% per cent, from R5.5 billion in the 2021-22 financial year to R6.3 billion in the 2024-25 financial year, which he alluded to in the recent debate on Budget Vote 30; if not, what is the position in this regard; if so, what are the relevant details?
Reply:
The revenue budgets for the SA Post Office are contained in the Corporate Plan. In determining the revenue budgets in the Corporate Plan the following aspects were taken into consideration:
• Current revenue
• Current cost
• Revenue projects and initiatives
• Cost containment projects and initiatives
• Revenue tariff increases
• Inflationary increases
The budget is as per the Corporate Plan 2023/24FY is indicated below: