SA Post Office needs R3.8bn to stay afloat

Описание к видео SA Post Office needs R3.8bn to stay afloat

The closure of the South African Post Office could be sooner than expected. Business Rescue Practitioners' Anoosh Rooplal says they need funding of R3.8 billion to avoid liquidation, which the National Treasury was supposed to have given to SAPO six months ago, but failed. He adds that the institution could be running out of cash by the end of October.


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