Former South African Post Office CEO Mark Barnes says the Post Office could not be reformed during his tenure - despite his best efforts - because of government micromanagement.
Barnes was speaking to the Cape Town Press Club on Thursday afternoon. Since leaving the Post Office in 2019, he has been a vocal critic of government's failure to arrest the country's economic decline, or the failure of several key parastatals. Barnes founded the JSE-listed Purple Group, which owns popular trading platform EasyEquities. He is also a former executive of Standard Corporate and Merchant Bank and a former CEO of Brait.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Fin24 KhulekaniMag As is the case with all SOE’s. ANC want to loot it & the have zero business acumen which combined is why they are all failing.
Fin24 KhulekaniMag Anyone who thinks they can run a government institution without interference is a fool, this must be taken into before you accept the position.
Fin24 KhulekaniMag Dear ukinsouthafrica & USEmbassySA South Africa can kick start its economy by: 1- Remove all racist BBBEE laws 2- Remove all labour law red type 3- Reduce Company Income tax to 22%! NumsaMustFall SaftuMustFall eNCA DStv403 Newzroom405
Fin24 KhulekaniMag Shame they must give him the new eskom 2.0
Fin24 KhulekaniMag A big lie. He collapsed Post Office with intention to buy it, but failed.
They cannot trust themselves as they know how much theft and corruption is taking place. So no surprise that they don't trust others they have appointed. The anc are a bunch of common thieves and gangsters.
They only want cadres, they only trust cadres. They want their kickbacks from cadre deployments
True, but moreso, the ministers want to be seen as 'hero' managers, those that come in to 'save the day'. All they do is get in the way because they're clueless and incompetent. Every. Single. One. And they all need to be fired in 2024
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