Plagued by dysfunction, mounting debts, and business rescue, the South African Post Office faces an existential question: can the state-owned postal service still find a purpose?
Plagued by debt, branch closures and competition from private couriers, is it time for the Post Office to pack it in?
The South African Post Office BRPs are pushing the envelope of credibility in their handling of the struggling state entity
When a business rescue starts rescuing the rescuers, you know the system isn’t working in favour of the company and its real creditors
Chronic government passivity, inactivity and neglect mean that both the South African Post Office and sugar group Tongaat face liquidation
Honesty and fast action on the part of a company’s board would go a long way to making business rescue – if it comes to that – successful
Did a decade of poor decisions kill the construction icon, or was it the decision by its bankers to pull the plug?