The South African Post Office is putting together a business case to transform it into an "e-commerce hub for Africa", says CEO Mark Barnes. The state-owned postal service was in discussions with the Universal Postal Union (UPU), a UN specialised agency for the postal sector, Barnes said this week. Headquartered in Switzerland and with 192-member countries, the UPU is a global forum for co-operation among postal sector players. It sets the rules for global mail exchanges and makes recommendations to stimulate growth in mail, parcel and financial services volumes, according to its website. "They came to see us," Barnes said. The unveiling of the Post Office’s e-commerce strategy comes as the entity has struggled to return to profitability. It is seeking to secure the government’s multibillion-rand social grants contract, which would solve its revenue concerns and would keep this money within the fiscus. Barnes has previously said that the payment of grants is a government sector and ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.