DA calls on Parliament to review SA Post Office business model
29 January 2015
The DA has today written to the Chair of the Postal Services and Telecommunications Committee, Mmamoloko Kubayi, calling for an urgent Parliamentary review of the South African Post Office's business model.
We believe the sustainability of SAPO in its current form needs to be revised given the extent of the financial collapse revealed by the entity's annual report for the year ended 31 March 2014.
The report shows an organisation in a state of terminal decline:
1. the entity reported nearly R359-million in losses as a result of the recent four-month strike which saw many customers finding alternative ways of sending and receiving post