Sassa is a good contract for Post Office - Acting CEO
City Press has reported that the social grant distribution service has placed a financial burden on the Post Office, with the entity bleeding R60 million a month.
Could this lead to the Post Office closing some pay points?
Bongani Bingwa chats to the state-owned entity's acting chief executive officer Ivumile Nongogo to shed light on the matter.
Just like most SOEs we have our issues and legacy issues that we need to deal with but we are starting to see some improvements in the financials of the Post Office.Ivumile Nongogo, Acting CEO - Post Office
Over the past years, there has been no opportunity to invest in modernising the Post Office, he explains.
From where we sit Sassa is a good contract for the Post Office and we are making money on it. What has happened is that a discussion document was taken out of context.Ivumile Nongogo, Acting CEO - Post Office
Listen below to the full conversation:
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