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Cosatu welcomes R150-million Treasury transfer to South African Post Office

# The Congress of South African Trade Unions has welcomed Treasury’s 150-million-rand transfer to the South African Post Office, offering much-needed relief to struggling employees. COSATU’s Matthew Parks urges the Treasury to release the remaining funds from the court-sanctioned business rescue package. Parks says a long-term turnaround plan is essential, including competent management, tackling corruption, and expanding the Post Office’s courier services. He emphasised that government support is critical to ensuring the Post Office and Postbank become financially stable and contribute to the economy.