Johnathan Paoli
THE EFF have condemned the recent approval of the South African Post Office (SAPO) business rescue plan to retrench 6 000 workers and close 420 branches nationwide.
SAPO unveiled its rescue plan on Thursday in what it claims is an attempt to combat the myriad of challenges the postal service has been facing, from declining mail volumes to escalating competition from digital platforms and financial mismanagement.
EFF Spokesperson Sinawo Thambo said the devastating decision that can only be described as a jobs bloodbath, was borne from years of ANC mismanagement and neglect, will only serve to deepen the unemployment crisis and further marginalise vulnerable communities who rely on essential postal services.
The business rescue plan got an overwhelming endorsement by creditors, after presentations from the business rescue practitioners (BRPs) in a meeting on Thursday.
The joint BRPs Anoosh Rooplal and Juanito Damons confirmed the development, noting that the
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