Its goals, management, source of funds and who will cover any losses are key questions that have to be raised.
Angry unionised workers say they have been sidelined and betrayed by their leaders.
Sapo’s chief executive Hlekane has, like his predecessor Lefoka, been suspended amid allegations of corruption, and due to the ongoing strike.
As letters and parcels continue to pile up in post offices across South Africa, there appears to be no end in sight to the long-running strike.
President Jacob Zuma has directed the Special Investigating Unit to look into administrative irregularities at the South African Post Office.
Three people, allegedly part of a syndicate involved in the theft of R42-million from the Postbank, have been arrested.
South African Post Office chief executive Motswanesi Lefoka and chief operating officer John Wentzel are being investigated for alleged corruption.
Postbank, a business unit of the SA Post Office, may be transformed into a separate company within three years, a newspaper reported on Tuesday.
The South African Post Office will spend R50-million on mail security in the next financial year, chief executive Motshoanetsi Lefoka said on Tuesday.
The South African Post Office is trying to contact internet retailer Amazon.com for details on why it offers limited shipping facilities to SA.
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.
The Department of Home Affairs has ditched the South African Post Office (Sapo) as the distributor of its documents because of inefficiency. Initially, the Sapo contract with the department to deliver documents went very well, Home Affairs Minister Nosiviwe Mapisa-Nqakula told a media briefing at Parliament on Friday.
A draft post-forensic review has cleared the current acting chief executive of the South African Post Office and its financial director of any wrongdoing, the board of the parastatal said on Wednesday. Acting chief executive officer Motshoanetsi Lefoka and chief financial director Nick Buick were implicated in an initial investigation.
Local authorities in Gauteng have been urged to collect rates and taxes owed to them in order to function as viable entities. "For municipalities to deliver services they should collect the debt owed to them and take care of its employees," said South African Post Office CEO Totsie Memela-Khambule.
The South African Post Office has been ordered to pay R60-million in damages due to contamination of a tender, according to Business Report on Friday. Judge Willie Hartzenberg found the Post Office had confirmed a corrupt tender in 2002 despite the fact that senior managers had been made aware of flaws in the process.