Post Office Problems News Today

National Treasury recently allocated R2.4bn to post office but the entity still struggles with paying rent money.

Its basically a utility that loses money. so the question then is that utility that loses money more and more becomes a package delivery service and amazon is the largest company and its still losing money are we subsidizing a for profit company in amazon? one study says they do lose money on each package they deliver for amazon. most of the articles have been so superficial to be ridiculous because all they look at is revenues. they say oh, look, the revenue growth is growing on the parcel side...

But most of the articles have been as to superficial because they just look at revenues and they say the revenue growth is growing, so amazon is good for the post office. but my bet is if i really got in there and tore apart the cost of operation there, what you would see on the margins they make money, but if you fully load the cost, they lose money on each package they deliver 37. >> my kids dont even know what a number 10 envelope is.37. >> my kids dont even know what a number 10 envelope is....