Post Office got R321 million of taxpayer money and is still in trouble

• Despite the R321 million bailout, the Post Office remains in trouble due to limited evidence of a sustainable business model and continued reliance on government support.
• The Post Office's financial fragility is attributed to stagnant revenue growth, deteriorating infrastructure, and labour instability, which undermine its ability to reposition itself as a post office of the future.
• The Portfolio Committee on Communications and Digital Technologies has called for a credible strategy to balance public service obligations with financial sustainability, amid concerns about the Post Office's social mandate and long-term viability.