Cash-strapped state bus company Autopax only able to pay staff half of their salaries

“Colleagues, we are still faced with serious operation challenges which have resulted in serious financial and cash flow shortages.”

The shock announcement follows the appointment of Bongisizwe Mpondo as administrator of Prasa in December.after he fired the interim board in an attempt to “bring stability” to the rail entity. Prasa spokesperson Nana Zenani confirmed the veracity of the circular and said that challenges at Prasa had filtered down to the subsidiary.

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Cash-strapped state bus company Autopax only able to pay staff half of their salaries“On Monday we will unfortunately not be able to meet the full salary obligations for the month of January and have managed through the operation to collect some funds from fare revenue to pay you 50% of what is due.” State owned = thieves, crooks, liars and tossers doing what they do best Just an addition to the already failed state Sell this entity , the buses are not safe, always laying on the road.breakdowns.when last did they purchase new buses
Source: TimesLIVE - 🏆 28. / 59 Read more »

Cash-strapped state bus company Autopax only able to pay staff half of their salariesCash-strapped state-owned bus company Autopax will not be able to pay full salaries to its 1,071 staff on Monday, acting CEO Tiro Holele announced on Saturday.
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Cash-strapped state bus company Autopax only able to pay staff half of their salaries“On Monday we will unfortunately not be able to meet the full salary obligations for the month of January and have managed through the operation to collect some funds from fare revenue to pay you 50% of what is due.” State owned = thieves, crooks, liars and tossers doing what they do best Just an addition to the already failed state Sell this entity , the buses are not safe, always laying on the road.breakdowns.when last did they purchase new buses
Source: TimesLIVE - 🏆 28. / 59 Read more »