Malatsi confirms that SA Post Office’s business rescue exit application pending

THE application by business rescue practitioners to exit the South African Post Office (SAPO) has not been filed with the court, said Communications and Digital Technologies Minister Solly Malatsi.

- MAYIBONGWE MAQHINA [e-mail]

He was responding to a question from DA MP Tsholofelo Bodlani.

"I am currently engaged in discussions with the business rescue practitioners (BRPs) concerning the final affidavit that will be filed with the High Court for business rescue exit.

"The BRPs intend to proceed with filing the application once alignment has been reached," he said.

Business rescue practitioners Anoosh Rooplal and Juanito Damons were appointed after SAPO was placed under business rescue in July 2023.

Malatsi said the appointment of a new board for SAPO was critical to ensure a smooth transition and effective handover by the BRPs.

"A call for nominations has been issued, and the process to establish a nominations committee to assess candidates and make recommendations to me is currently under way. This process is expected to be finalised before the end of the current financial year."