SA Post Office moves to become a fully-fledged bank

The SA Post Office is in the process of converting the Post Bank into a fully-fledged banking institution.

The entity has over the years been marred by financial mismanagement, strikes and board resignations over allegations of corruption.

702's John Robbie spoke to SAPO CEO, Mark Barnes, for more details regarding the recent developments.

Listen to the conversation below:

What we do is that we have a historical rural footprint, so we are going to be taking banking to the people.

Mark Barnes, SA Post Office CEO

We are focusing on many small loans, mainly to SMMEs...The informal sector in South Africa is growing at 5-7%, while the formal sector is growing at less than 1%.

Mark Barnes, SA Post Office CEO
Read More
MEC Mahlangu clarifies confusion around late payment of health workers

MEC Mahlangu clarifies confusion around late payment of health workers

The Gauteng MEC of Health has assured workers that their salaries will be paid to them by the 23rd of this month.

Eskom CEO, #WitsShutDown and State of Capture report marks explosive 2016

Eskom CEO, #WitsShutDown and State of Capture report marks explosive 2016

EWN reporter, Gia Nicolaides, shares her news year for 2016.

SA gears up to celebrate the historic signing of "model Constitution"

SA gears up to celebrate the historic signing of "model Constitution"

South Africa's constitution was signed on December 10, 1996 in Sharpville.

Parliamentary adhoc committee slams SABC delegation walkout

Parliamentary adhoc committee slams SABC delegation walkout

The walkout by the SABC delegation has been criticised as a delay tactic aimed at frustrating Parliament's oversight proceedings.

Joburg Mayor "handicapped" from acting against hijacked buildings

Joburg Mayor "handicapped" from acting against hijacked buildings

Herman Mashaba has stern words for people who do not "abide by the country's rule of law".

Petrol price back down, but for how long?

Petrol price back down, but for how long?

Rocco Strydom of Elegant Fuel says consumers should enjoy the lower prices while they last.