Newspaper article from our research archive:
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Post Office forced to beg for R30m.(Business Report Weekend)
- Article from:
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The Sunday Independent (South Africa)
- Article date:
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March 4, 2007
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Copyright informationCOPYRIGHT 2007 Independent News & Media PLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BYLINE: Wiseman Khuzwayo
Johannesburg - The slogan of the SA Post Office, "We deliver, whatever it takes", does not bear up to scrutiny when it comes to budgeting and infrastructure delivery.
Documents in possession of Business Report show an institution that is marred by financial incompetence.
The Post Office's budget of R95 million for its roll-out projects in the financial year to March lies in tatters and it has now been forced to go cap in hand to the national treasury and communications minister Ivy Matsepe-Casaburri for an extra allocation to cover a shortfall of R30 million.
It had targeted 96 post offices for construction, conversion, relocation or ...
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