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Concern as SA Post Office business rescue plan fails, entity faces possible liquidation

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SAfm Current Affairs

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The South African Post Office, SAPO is facing possible liquidation, with Business Rescue Practitioners indicating they'll initiate proceedings. This comes after SAPO's business rescue plan failed to secure funding and implement a turnaround strategy. The collapse would have severe socio-economic implications, affecting millions of South Africans who rely on the Post Office for essential services. Over 4,300 employees were retrenched in 2023 and further job losses are expected. The Federation of Unions of South Africa, FEDUSA has blamed governance and oversight failures for the possible liquidation. Elvis Presslin spoke to FEDUSA General Secretary, Riefdah Ajam...

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SAfm Current Affairs

SAfm Current Affairs is home to three informative one-hour-long news and actuality radio shows. Brou 
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