The cash-strapped SA Post Office (Sapo) is unable to pay rent for some of its premises and service providers, leaving many, especially small, medium and micro enterprises (SMMEs) in a bind at a time when Covid-19 has already dealt a blow to the economy.

The Post Office, which has unpaid invoices totalling R638m, has admitted that it is battling to pay its creditors and is servicing debt according to a priority schedule, which it says is being communicated to all service providers...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now