Communications minister Khumbudzo Ntshavheni has defended plans by the bankrupt SA Post Office to spend R250m on marketing activities in the next three years while it's battling to pay its mounting debts.
Ntshavheni boldly defended the move, despite confirming to parliament on Wednesday that Sapo has gone to the National Treasury cap in hand, asking for R1.6bn bailout for the next three years to finance operations.
Critical services such as payments of social grants and renewal of motor vehicle licences could be thrown into disarray should Telkom carry out the threat to cut internet and other services to Sapo. “If they are going to get business, they must get into marketing like any other business . Marketing costs are a critical issue for them. It's not automatic that Sapo is going to get the business it requires. Marketing is not an overhead, it's part of the critical operations they need to attract services they require in the private and public sectors.”
“I think we need to go back to Ntate Malatsi and remind him that even with the partial privatisation of Telkom, it still took Telkom 10 years to become financially sustainable.
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