insert_link South AfricaS.A Post Office Bailout Falls Short-Diko S.A Parliament Portfolio Committee for Communications and Digital Technologies chairperson Khusela Diko, says the 150-million-rand fund allocated to the country's Post Office is insufficient in addressing financial and operational challenges. The post office has been in business rescue since July 2023. The entity needs 3.8-billion-rand bailout to avoid liquidation. Diko acknowledges that SAPO remains in crisis with workers situation unsustainable: today1 March, 2025
insert_link Business / EconomicsIn S.A, COPE Urges Godongwana to Prioritize Economic Growth in Budget To South Africa now, where the Congress of the People is calling on Finance minister, Enoch Godongwana, to deliver a budget that prioritises heightened economic growth. COPE’s, Pake Dikgetsi, says they are warning that austerity measures targeting social services, while billions are lost to corruption will push the country further into a crisis Meanwhile, the GOOD Party Secretary-general, Brett Herron, says as things stand, around 18-million South Africans are poor […] today19 February, 2025
