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.
Deputy President Paul Mashatile says the government remains committed to addressing the 'stubborn challenge' of load-shedding, which continues to undermine economic growth.
The South African Social Security Agency (Sassa) in the Eastern Cape plans to migrate all grant beneficiaries, who currently receive payments at cash pay points, many in rural villages, to electronic banking by March.In a presentation to the Eastern Cape legislature’s portfolio committee on social development this week, Sassa’s Eastern Cape acting regional executive manager, Zanoxolo Mpeta, said the move had come as a result of an increase in cash-in-transit heists as well as capacity challenges at the Post Office.