SAPO provisional liquidation long overdue
12 April 2023
Reports that the South African Post Office (SAPO) has now been placed under provisional liquidation by a single creditor, and that provisional liquidators have been appointed, comes as as no surprise.
The DA has been consistent in calling for the liquidation of the Post Office.
While the liquidators seek a pay-out for their client we equally hope that not only are personal debts covered for those who rented properties for PO branches, which were then surreptitiously closed leaving behind massive debts; but that the Post office employees’ and retired workers’ medical aid, UIF and pension contributions which the management has carefully and criminally failed to pay over for a number of years, are met in full.
This liquidation may indeed be the final straw for one of the most mismanaged entities within the Communications department.