South Africa’s oldest state-owned company at risk of liquidation

The South African Post Office (SAPO) is in serious financial trouble, with its Business Rescue Practitioners (BRPs) warning that it faces liquidation. View online MONDAY, JUNE 1, 2026 TODAY'S TOP STORIES 1 South Africa’s oldest state-owned company at risk of liquidation The South African Post Office (SAPO) is in serious financial trouble, with its Business Rescue Practitioners (BRPs) warning that it faces liquidation. 2 DStv Premium and Netflix for R499 DStv allows two households to split the cost of one pay-TV package through its mobile app, billing each user separately. 3 95-year-old chocolate icon in South Africa being sold Tiger Brands is selling the Beacon brand, with the group rapidly reducing its exposure to chocolate. 4 Billionaire Capitec co-founder gives R23 million to the Democratic Alliance Companies linked to Capitec co-founder Michiel le Roux have donated R23 million to the Democratic Alliance over the last three months. 5 Eskom Chairman has a message for the South African government Eskom Chairman Mteto Nyati said that, instead of treating business as the enemy, South Africa should learn from China and India to lift people out of poverty. 6 Debacle over prominent municipality “kicked out” of building due to failure to pay rent The FF Plus said that the Emfuleni Local Municipality has been kicked out of a building after the owners terminated the lease for failure to pay rent. 7 FNB announces eBucks changes FNB announced a number of enhancements to its eBucks Rewards loyalty programme, including new partners and a reduction in the levelling points users need to reach higher rewards levels. 8 Important information for South Africans waiting for Home Affairs documents South Africans must not use an SMS line that Home Affairs previously offered for checking on the status of their smart ID, passport, or other applications. 9 Prominent South African grocery retailer loses R1.6 billion in a single day SPAR Group's share price plunged 15% in a single day after issuing a trading statement warning of a sharp decline in earnings. 10 FNB makes all EFTs free for South African clients earning over R750,000 a year FNB has overhauled its pricing and business banking offerings by cutting digital payment fees, expanding free transfers, and enhancing services for solopreneurs and small businesses. 11 New tax proposed for motorists renewing their car licence in South Africa Transport minister Barbara Creecy has proposed a new fee for motorists in South Africa to generate revenue as households switch to electric cars. This email was sent to mufhandu.o.veesqed@blogger.com by News of the Day. Unsubscribe from this email.