1 minute read
15 Apr 2016
9:00 am

Post Office gets no stamp of approval

To say that the Post Office is dysfunctional is as blinding obvious as standing up and loudly proclaiming that Pope Francis is a Catholic.

FILE PICTURE: A post office sign. Picture: Tracy Lee Stark

It is equally delusional to expect that throwing another huge pile of taxpayers’ money at the problem is going to make any difference to the credo of poor governance, inefficiency and strikes that seems an inherent doctrine at the crippled institution.

That Avis, in contrast, an efficiently-run organisation, went to court to recover R50.4 million it was owed on a fleet of 1 400 leased vehicles, should have come as little surprise to those who have watched one political appointment after the other let go of management.

The cold facts are that Minister of Telecommunications and Postal Services Siyabonga Cwele admitted in a reply to a parliamentary question this week that the Post Office owed R884 million to creditors by midMarch, with R246 million of this debt stretching beyond four months.

This despite newly appointed CEO Mark Barnes having been granted a R650 million cash injection in an attempt to clear the smoky residue of the chaos left behind.

Simply put, it will take more than a papal blessing and the sale of an unprecedented number of stamps to repay that