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SA Post Office's rescue practitioners respond to R3.8bn funding claims
The Mercury
|February 25, 2026
THE Business Rescue Practitioners (BRPs) of the South African Post Office (SAPO) have pushed back against claims that the state-owned entity lacks a credible turnaround plan and that the R3.8 billion funding referenced in its business rescue plan was never committed.
This follows comments last week by Sonja Boshoff, Chair of the Select Committee on Economic Development and Trade, who said the government had made no such commitment and warned that relying on unapproved funding could mislead workers and the public.
BRPs said the R3.8bn was included in SAPO’s approved business rescue plan and referenced in government submissions.
They added that while only R2.4bn has been released, it has helped cover operating costs and creditor payments, and that a clear turnaround plan exists to stabilise and improve the Post Office.
Diese Geschichte stammt aus der February 25, 2026-Ausgabe von The Mercury.
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