ANC hails ‘milestone’ as Post Office applies to exit business rescue

Polity Audio Articles · Jun 19, 2026 · 1m

ANC hails 'milestone' as Post Office applies to exit business rescue The ANC has welcomed the South African Post Office's (SAPO) application to exit business rescue, hailing the move as a critical turning point in restoring the State-owned entity to operational health. The decision marks a significant step in a broader turnaround strategy designed to ensure SAPO can fully discharge its national postal and digital mandates. Central to this milestone has been a major R381-million government investment injection. The ANC emphasised that this financial support played a pivotal role in maintaining…