No image available
/ 13 November 2007

Post Office reports trading profit up 40%

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.

No image available
/ 29 August 2007

Review clears two Post Office officials

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.