South African Post Office CEO Mark Barnes discusses the state of readiness to take over the distribution of welfare payments from Cash Paymaster Services

Mark Barnes is CEO of the South African Post Office. BUSINESS DAY TV: The South African Post Office says it’s ready to pick up the baton and start distributing welfare payments. That was admitted as a friend of the court in yesterday’s hearing and to why the (South African) Social Security Agency (Sassa) failed to meet its commitment to distribute grants itself. So how would it go about this and would there be a saving to the fiscus if the Post Office as an organ of state took over? Joining us is CEO Mark Barnes. Mark ... so Net1 CEO Serge Belamant has laughed off the Post Office’s assertion that it could pick up the baton and start in the next few months with this, in fact, he suggests the only way you could do it is with pigeons. Why are you so confident? MARK BARNES: It’s not a matter of confidence ... the people yesterday were all fighting about money, we’re fighting about principle here. The Post Office has got the best infrastructure in the country but the debate has always be...

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