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SAPO and UIF agreement to protect nearly 6 000 jobs

SAPO and UIF agreement to protect nearly 6 000 jobs

IOL News19-05-2025

The implementation of the signed agreement between the South African Post Office (SAPO) and Unemployment Insurance Fund (UIF), aimed at preserving nearly 6000 jobs, is a bold and necessary step to protect workers and restore confidence in public institutions, says Employment and Labour Minister Nomakhosazana Meth.
Through the Temporary Employer-Employee Relief Scheme (TERS), the UIF will inject over R381 million into SAPO over a six-month period.
This intervention is designed to provide immediate financial relief to 5956 employees while enabling SAPO to implement a sustainable turnaround strategy.

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Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ 'SAPO is a state-owned enterprise funded by public money. The use of in-camera briefings must remain the exception, not the rule,' she argued, stressing that such sessions should only occur under genuine commercial sensitivity rather than as a means to obscure institutional failures from public scrutiny and parliamentary oversight. 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