Chain reaction caused by failure of South Africa’s oldest state-owned company

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The Post Office has not only continued to be a burden for Solly Malatsi’s department, but it has also started negatively affecting other state-run projects.

The failed South African Post Office has played a role in extending the analogue switch-off date to next year.that the Post Office’s business rescue plan constrained the rollout of set-top boxes to people in rural areas.

Bird says that, as a result, those with the fewest resources need to use the most to obtain a set-top box. Sapo was placed into business rescue in July 2023, and business rescue practitioners Anoosh Rooplal and Juanito Damons were appointed to formulate a plan, which was adopted in December of that year.

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 /  🏆 11. in PT
 

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