Post Office Still Waiting on R3.8 Billion Promised for Its Turnaround

The South African Post Office’s turnaround still depends on R3.8 billion in government funding that has not been paid, according to acting CEO Fathima Gany. In a July 2026 interview with TechCentral, she said the Post Office is in a position to attract the partners it needs, but only if the promised money arrives.

Background

• The Post Office entered business rescue in July 2023.
• The rescue plan was built on additional funding of about R3.8 billion. Reports say the amount was not allocated in the 2026 budget.
• Cabinet appointed a new board in June 2026, but TechCentral noted the board came “without a bailout”.

What happens next

The Post Office is waiting for a High Court decision on ending business rescue. If the application succeeds, the new board takes over from the business rescue practitioners. The funding question would remain open either way.

What it means for you

Day-to-day, postal codes and addresses are unaffected. If you depend on the Post Office for important mail, consider giving a street address where possible, since couriers deliver to street addresses using the street code. Look up yours below.

Sources

• TechCentral: How the Post Office plans to rise from the dead
• TechCentral: Cabinet hands the Post Office a board, but not a bailout