SAPO wage bill described as 'unsustainably' high - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

SAPO wage bill described as 'unsustainably' high via SABCNewsOnline

‘s wage bill is ridiculously high. That’s according to SAPO Acting CEO, Lindiwe Kwele.Kwele and various officials appeared before Parliament’s Communications Committee to brief it about the Post Office’s 2018/2019 financial statements.

“Chairperson, one of the critical impediments of our sustainability – our wage bill is ridiculously high. We are sitting at almost 69%, which is not sustainable. And the issue of staff optimisation is something that we’ve been aggressively driving. But in the year under review, we were able to reduce out headcount by 4%, chairperson,” says Kwele

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ramaphosa to address the 6th Financial Times Africa Summit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa will deliver the opening address at the 6th Financial Times Africa Summit in London, on Monday morning, which focuses on the fortunes and the future of the African continent. Don't forget to mention we have no money because of your corruption CyrilRamaphosa He needed a break. It's too hot for him in SA. 6th Financial Times Africa Summit but Held in London ai, African leaders though
Source: SABC News Online - 🏆 32. / 51 Read more »

OPINIONISTA: Coloureds are Africans: We are the indigenous people of South AfricaThe accusation that the Western Cape is not really African is code for saying that coloureds are not African; the Western Cape is too coloured and therefore the Western Cape is not African enough. Let’s call out claims like this for what they are: racism. That is saying the obvious, it’s just a matter of them accepting that. Some ur not accepting that. Nonesense!!! Coloured are a direct result of rape by white people
Source: dailymaverick - 🏆 3. / 84 Read more »

Charlize Theron reflects on growing up in apartheid South AfricaCharlize Theron recently spoke about growing up during apartheid in South Africa and how, as a white person, she benefited from the system.
Source: Channel24 - 🏆 48. / 51 Read more »

Cricket South Africa urges supporters to be patientSouth African cricket officials on Monday urged the country’s supporters to be patient with their struggling Test side after two heavy defeats in India.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Cricket South Africa urges supporters to be patientSouth African cricket officials on Monday urged the country’s supporters to be patient with their struggling Test side after two heavy defeats in India.
Source: TimesLIVE - 🏆 28. / 59 Read more »

CCMA warns of job losses - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Commission for Conciliation, Mediation and Arbitration (CCMA) has warned that it will continue to see an increase in caseloads in the next few years as the labour market sheds jobs.
Source: SABC News Online - 🏆 32. / 51 Read more »