Post Office Might Crash For Good Without R3,8 Billion Bailout: Cwu

The South African Post Office SAPO will stay open for another month thanks to a R150 million from National Treasury. However, its long-term survival still depends on securing billions from the fiscus.

According to the Communication Workers Union CWU, should SAPO not receive a R3,8 billion bailout necessary to complete its business rescue plan, it may end up shutting its doors for good .

CWU National Bargaining Coordinator, Nathan Bowers, says, In this scenario, we have a Post Office that is understaffed, communities not getting the services. So, part of the plan must be to be able to re-open those offices and also to fix those offices in areas where we can either fix or hire more spaces in offices that used to make profits.

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