‘Tough love’ for Post Office, which faces liquidation

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Over the past decade, the South African Post Office has had significant business problems, including debt to creditors and poor revenue collection.

Finance Minister Enoch Godongwana said a “tough love” approach will be adopted regarding the South African Post Office because “there’s no money in the adjustments [estimates of national expenditure]”. 

Godongwana tabled the medium-term budget policy statement in parliament on Wednesday, which  coincided with “Day Zero” when…



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