SAPO wage bill described as 'unsustainably' high - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

SAPO wage bill described as 'unsustainably' high via SABCNewsOnline

‘s wage bill is ridiculously high. That’s according to SAPO Acting CEO, Lindiwe Kwele.Kwele and various officials appeared before Parliament’s Communications Committee to brief it about the Post Office’s 2018/2019 financial statements.

“Chairperson, one of the critical impediments of our sustainability – our wage bill is ridiculously high. We are sitting at almost 69%, which is not sustainable. And the issue of staff optimisation is something that we’ve been aggressively driving. But in the year under review, we were able to reduce out headcount by 4%, chairperson,” says Kwele

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ramaphosa to address the 6th Financial Times Africa Summit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa will deliver the opening address at the 6th Financial Times Africa Summit in London, on Monday morning, which focuses on the fortunes and the future of the African continent. Don't forget to mention we have no money because of your corruption CyrilRamaphosa He needed a break. It's too hot for him in SA. 6th Financial Times Africa Summit but Held in London ai, African leaders though
Source: SABC News Online - 🏆 32. / 51 Read more »

CCMA warns of job losses - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Commission for Conciliation, Mediation and Arbitration (CCMA) has warned that it will continue to see an increase in caseloads in the next few years as the labour market sheds jobs.
Source: SABC News Online - 🏆 32. / 51 Read more »