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South African Post Office to retrench close to 5000 workers

The South African Post Office will retrench close to 5000 workers after BRPs confirmed that their TERS application was unsuccessful.

6,000 Post Office workers face axe as business rescue plan approved

Despite struggling for years with payments from the South African Post Office, creditors owed millions have shown some faith in the state entity as they approved its business rescue plan and essentially saved it from closure.

Post Office trying to get letters and parcels out of closed branches, as landlords lock the doors

Landlords close Post Office doors due to unpaid rent.

Up to 6 000 Post Office jobs on the line

R12.5bn debt headache for SA Post Office business rescue practitioners

Improved revenues, lower costs and structural changes in its business model will be key to achieving a turnaround, practitioners say.