CARTOON: Desperate days at Post Office

A few years ago when Mark Barnes was running the Post Office it required zero money from the state, now it needs R8bn just to survive

Sapo received R2.9bn from the Treasury in 2019 to settle loans and pay critical suppliers, and cumulative allocations amount to R8.6bn since 1991

Cash-strapped state utility to settle more than R600m in outstanding contributions to Medipos to ensure staff have medical cover

Opposition parties don’t like the idea, seeing it as a drain on national finances when Sapo’s own board should be leading plans to make it sustainable