fbpx
19.3 C
Cape Town
Wednesday, November 27, 2024

The Post Office suffered an operating loss of 3 billion rand over the past year, and another loss of 2-point one billion is expected for this year.

Published on

It said in Parliament that 11-percent of mail does not reach its destination. Treasury warned last year that the Post Office is in danger of collapsing. The Post Office wants to achieve 92-percent delivery in this financial year, and it wants to automate all of its mail centres by the end of the year. It also plans to implement security upgrades at 1 680 Post Office branches this year.

Latest articles

Western Cape Medium-Term budget: More Money For Teachers

  The Western Cape Finance MEC Deidré Baartman unveiled the province’s 2024/25 Medium-Term Budget Policy Statement (MTBPS) and Adjustment Estimates on November 26.   Themed "A Budget...

Crime Stats: Police Minister Calls for United Effort Against Crime

  The Minister of Police, Senzo Mchunu, released the second-quarter crime statistics on November 25, 2024, emphasizing the urgent need for a "whole-of-society" approach to...

Du Toit Wins Second World Rugby Player of the Year Award

  Springbok star Pieter-Steph du Toit has made history, becoming the first South African to win the prestigious World Rugby Men’s 15s Player of the...