EDITORIAL | SAPO doesn’t need R8bn, it needs tough love

Ideas

EDITORIAL | SAPO doesn’t need R8bn, it needs tough love

Courier companies have moved with the times and proven profitable, unlike the negligent SA Post Office

Editorial

If the SA Post Office were a purely commercial entity, it would have been wound up long ago.

In parliament this week, the deputy minister of communications and digital technologies, Philly Mapulane, said SAPO faced collapse unless government gave it a new cash injection of, wait for it, R8bn.

SAPO, he said, had been hoping for a windfall from Treasury in finance minister Enoch Godongwana’s medium-term budget policy statement. The money was not forthcoming, as the minister announced his intention to close the funding tap for public entities. Instead, “we were listening to the minister saying this is tough love”, Mapulane lamented...

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