News Formal

South African Post Office Business Rescue Plan Endorsed by Creditors

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 3 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 77%

Business Noticias

South African Post Office,Sapo,Business Rescue Plan

The South African Post Office (Sapo) business rescue plan has been endorsed by creditors, but it includes substantial job cuts. Economist Dawie Roodt discusses the financial feasibility and sustainability of the plan, which has received R2.4 billion from National Treasury.

The South African Post Office (Sapo) business rescue plan has been endorsed by creditors, but it includes substantial job cuts. Economist Dawie Roodt discusses the financial feasibility and sustainability of the plan, which has received R2.

4 billion from National Treasury.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

South African Post Office's Business Rescue Plan Reveals Massive DebtThe business rescue plan for the South African Post Office (Sapo) shows a state-owned company that owes nearly R9 billion to creditors. Accumulated losses totalled R19 billion, with reported losses for the last 16 years. Assets are barely R4.4 billion.
Fuente: Moneyweb - 🏆 5. / 77 Leer más »