Nosiviwe Mapisa Nqakula

 

Post Office reports trading profit up 40%

Michael Hamlyn

Members of Parliament heard on Tuesday that the South African Post Office has made 40% more trading profit in the first six months of this financial year than it did last year. Chief financial officer Nick Buick said that the six months' net profit for this year was R210-million, 20% above last year's interim result.