However, SASSA spokesperson Paseka Letsatsi has assured beneficiaries that their grants will still be distributed according to schedule. SAPO’s financial troubles, with debts exceeding R4.4 billion and an asset deficit of R4 billion, have raised alarms, but Letsatsi has announced the implementation of a contingency plan to ensure that beneficiaries do not face any disruption in receiving their grants.
SAPO’s Liquidation Wont Affect Grant Beneficiaries
During an interview with Jacaranda FM, Letsatsi provided reassuring news to beneficiaries that there is ongoing dialogue being held between SASSA and the Post Office on how their contingency plan can be executed. In efforts to alleviate any anxiety, SASSA’s COO and the Post Office have arranged a discussion to address any uncertainties. It was stressed by Letsatsi that those who receive grants should remain calm as their funds will be distributed on time with ease.
Following the provisional liquidation of SAPO, Communications Minister Mondli Gungubele expressed his concerns and urged the organization to provide a detailed report. The Post Office, which is operating without any problems, is expected to release a statement later this week. Gungubele wants the report to cover how the situation came about, the measures taken to address it, and the steps they will take to resolve it quickly.
Communications Minister Mondli Gungubele has expressed serious concerns about the provisional liquidation of SAPO and has called for a detailed report from the board and management on how the situation unfolded and the steps taken to address it. He emphasized the importance of SAPO as a crucial government service platform and assured the public that measures will be put in place to ensure continuous provision of social services, timely grant payments, an efficient workforce, and favorable negotiations with SAPO’s creditors. With Letsatsi’s reassurance and Gungubele’s commitment, beneficiaries can rest assured that their grants will be distributed without any disruption.