The future of the South African Post Office (SAPO) hangs in the balance after the business rescue practitioners (BRPs) announced plans to seek the liquidation of the beleaguered state-owned enterprise.
BRPs Anoosh Rooplal and Juanito Damons notified Communications and Digital Technologies Minister Solly Malatsi on Friday about their intention to apply for liquidation of the entity.
The news was shared by Deputy Minister Mondli Gungubele during the meeting of the Communications and Digital Technologies Portfolio Committee, as Malatsi was requesting the postponement of the presentation of SAPO’s future sustainability strategy and BRP exit timelines.
The department is currently engaging the National…