Post offices will ‘trade as normal’ as liquidation looms
The South African Post Office (Sapo) has assured customers it will trade as normal after reports of liquidation. Sapo was placed under provisional liquidation on February 9 after a court application by a creditor owed for rent. Business Day said in the post office's most recent financial statements for 2021/2022 to end-March 2022, it owed more than R4.4bn to creditors and its debt exceeded its assets by R4bn. Speaking to TimesLIVE, Sapo […]
