The South African Post Office (Sapo) is making strides with new post offices in rural areas and its fourth year of profitability after years of losses, but postal prices will continue to rise. Sapo announced an operating profit of R431million, 44percent up from the previous period. Total assets rose by 21percent and cash flow shot up by 218percent. - Zweli Mokgata
The South African Post Office (Sapo) is making strides with new post offices in rural areas and its fourth year of profitability after years of losses, but postal prices will continue to rise. Sapo announced an operating profit of R431million, 44percent up from the previous period. Total assets rose by 21percent and cash flow shot up by 218percent. - Zweli Mokgata
Post office continues to prosper
The South African Post Office (Sapo) is making strides with new post offices in rural areas and its fourth year of profitability after years of losses, but postal prices will continue to rise. Sapo announced an operating profit of R431million, 44percent up from the previous period. Total assets rose by 21percent and cash flow shot up by 218percent. - Zweli Mokgata
The South African Post Office (Sapo) is making strides with new post offices in rural areas and its fourth year of profitability after years of losses, but postal prices will continue to rise. Sapo announced an operating profit of R431million, 44percent up from the previous period. Total assets rose by 21percent and cash flow shot up by 218percent. - Zweli Mokgata