Government Delivers R381 Million Lifeline to South African Post Office Amid Rescue Efforts

The South African government has granted the struggling South African Post Office (SAPO) a R381 million wage subsidy — a critical intervention aimed at covering employee salaries over the next six months while the entity continues its business rescue process. Announced on Thursday, the subsidy forms part of the Temporary Employer/Employee Relief Scheme (TERS) and … Continue reading Government Delivers R381 Million Lifeline to South African Post Office Amid Rescue Efforts