Appointment of SAPO Board vital to stabilise postal service: Cosatu
The Congress of South African Trade Unions (Cosatu) says the appointment of a Board for the South African Post Office (SAPO) is important for the restoration of stability at the state-owned enterprise (SOE).
The new 10-member Board was appointed last week following cabinet’s approval.
Cosatu says the Business Rescue Practitioners’ recent threat to liquidate SAPO pointed to the urgent need for the appointment of a board.
The SOE was placed under provisional liquidation and later under business rescue.
Cosatu’s Parliamentary Co-ordinator Matthew Parks says, “This responds positively to the call by the federation and its affiliate, Communications Workers’ Union (CWU) and workers at Sapo for fresh, competent and committed leadership to be put in place and tasked to restore this once thriving public entity to its former glory.”
Parks says, “For far too long SAPO has been allowed to deteriorate to a state of near collapse. The absence of dedicated and fit for purpose leadership has been at the centre of this painful decline.”
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Reporting by Yamkela Mtshiyo.