The Democratic Alliance said that the news on Wednesday that the South African Post Office has been placed under liquidation came as no surprise.
DA MP, Dianne Kohler-Barnard, said in a statement that her party has repeatedly called for this after an order was granted in favour of a single creditor and provisional liquidators appointed.
“This liquidation may indeed be the final straw for one of the most mismanaged entities within the Communications department,” she said.
Kohler-Barnard said SAPO lost millions in taxpayer money annually since 2013, adding that it “has slowly collapsed, despite massive bailouts,” while slashing jobs and closing branches countrywide.
She also said that the medical and UIF contributions of employees and retired workers, which she said had not been paid over for many years, are met in full.
“We stand firm in our belief that the Post Office, being one of the many bottomless pit state-owned entities battling operational issues, is beyond repair, and should be liquidated,” she said.
