In 18 months the Post Office will be fully functional: CEO Mark Barnes
from The Forum@8 Hosted by SAfm
The South African Post Office is spring cleaning its house. New Post Office CEO Mark Barnes says the entity is making gradual progress and there is light at the end of the tunnel. Announcing the turnaround strategy he said the post office would get its financial books in order by 2018 after paying off its debts to its creditors. A protracted strike, corruption and poor financial performance crippled the Post Office in 2014, leading to it being technically insolvent. Briefing Parliament's Portfolio Committee on Telecommunications and Postal Services last month, Barnes said the Post Office had raised all the capital needed and settled all the labour liabilities of the past.
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