South African Post Office halts upgrades due to funding shortfall

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South African Post Office freezes all capital expenditure due to lack of funding. Business rescue practitioners halted upgrades to infrastructure and IT systems after no allocation in the Medium-Term Budget, only covering critical operations. The Post Office requires R3.8 billion for its turnaround strategy, and the Department of Communications is seeking partnerships to optimize the entity.


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South African Post Office halts upgrades due to funding shortfall | News Minimalist