Calls for independent review of Treasury's funding decisions for SA Post Office

THE Deputy Minister for Communications and Digital Technologies, Mondli Gungubele, has advocated for an independent system to review the National Treasury's decisions regarding urgent funding requirements.

- BANELE GININDZA

This call to action follows the controversial rejection by Treasury of a R3.8 billion proposed rescue package intended for the beleaguered South African Post Office (Sapo), which Gungubele on Tuesday argued had successfully navigated the business rescue process.

"I wish there would be an independent system that scrutinises that. In our view, with all the calculations we have made, if we were to talk about cost-benefit analysis, had that R3.8bn been paid, a lot would have been saved rather than lost," Gungubele told the Parliament's Standing Committee on Public Accounts on Tuesday. "But it is the thing of Treasury. I am saying I wish there could be an independent system to deal with such rejections or acceptance when it comes to crises of this nature."