South Africa's Post Office (SAPO) has been placed under business rescue as bailouts struggle to keep the state-owned company afloat.
Government is calling for calm as the South African Post Office slips deeper into financial distress.
The South African Post Office says it will no longer pay the R350 social relief of distress grant through its branches as a part of its effort to alleviate long queues at its branches.
More than R89 million has been stolen from the South African Post Office through Sassa accounts. The motion of no-confidence against the Cabinet has failed. The UIF is paying more than it receives in contributions, raising concerns. A former Eskom…