The South African Post Office is looking for a new Chief Financial Officer (CFO) amid its worsening commercial crisis. It also wants somebody to look after its employees’ wellness.
The post office’s grim commercial outlook makes the position of CFO unenviable and, indeed, the flailing state-owned enterprise has struggled to find a permanent fix.. Since Ramukumba’s resignation at the end of 2020, long-standing SAPO staffer Lenny Govender has been filling the role as acting CFO.
Among some of the key responsibilities within the role, the CFO must support “all initiatives to ensure the achievement of all ambitious targets to improve the Group’s profitability” according to the job specifications. SAPO has not been profitable – excluding government subsidies –
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