North Gauteng High Court places South African Post Office under business rescue
The South African Post Office has been placed in business rescue by the North Gauteng High Court. This is after it was placed in provisional liquidation in February due to its failure to pay rent and other liabilities. Meanwhile, the Acting Minister of Communications and Digital Technologies, Enoch Godongwana has welcomed the decision of the North Gauteng High Court and says this decision will give SAPO the much needed time and space to restructure its affairs. SAPO business rescue starts immediately. Sakina Kamwendo spoke to Tiaan Herbst from the Southern African Advisory Company
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