South African Post Office Awaits Court Ruling on Rescue Exit With US$235 Million Gap

South Africa · COMPANIES Key Facts —Business rescue start: The Gauteng High Court placed the South African Post Office under supervision on 10 July 2023, appointing Anooshkumar Rooplal and Juanito Martin Damons as joint practitioners. —Funding gap: The rescue plan required an additional R3.8 billion (US$235 million), but this amount was not allocated in the…