CAPE TOWN - The South African Post Office business rescue team says investing in the modernisation of the entity is on hold because it hasn't received a R3.8 billion bailout.
The department and the business rescue practitioners briefed Parliament on Tuesday, on the cash-strapped entity and whether it would survive beyond October. But business rescue practitioner Anoosh Rooplal said they still need a cash injection to stay afloat.
مصر أحدث الأخبار, مصر عناوين
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SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Government has promised to allocate R3.8 billion to fully implement the business rescue plan at SAPO
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SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Government has promised to allocate R3.8 billion to fully implement the business rescue plan at SAPO
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