South African Post Office Awaits Court Ruling on Rescue Exit With US$235 Million Gap
South Africa · COMPANIES Key Facts —Business rescue start: The Gauteng High Court placed the South African Post Office under supervision on 10 July 2023, appointing Anooshkumar Rooplal and Juanito Martin Damons as joint practitioners. —Funding gap: The rescue plan required an additional R3.8 billion (US$235 million), but this amount was not allocated in the […] The post South African Post Office…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
