SASSA payments not affected by Post Office's financial restrained

“The funds for social grants come from National Treasury through the Department of Social Development and are not funded from the revenue of the South African Post Office.


Devdiscourse News Desk | Pretoria | Updated: 28-09-2020 14:14 IST | Created: 28-09-2020 14:14 IST
SASSA payments not affected by Post Office's financial restrained
“The SA Post Office experienced a dramatic reduction in revenue during the lockdown period and is currently looking at ways to improve cash flows,” the Post Office said in a statement.  Image Credit: Wikimedia
  • Country:
  • South Africa

The South African Post Office has assured recipients of social grants that South African Social Security Agency (SASSA) payments will not be affected by the current financial restrained experience by the Post Office.

“The funds for social grants come from National Treasury through the Department of Social Development and are not funded from the revenue of the South African Post Office.

“The SA Post Office experienced a dramatic reduction in revenue during the lockdown period and is currently looking at ways to improve cash flows,” the Post Office said in a statement. 

(With Inputs from South African Government Press Release)

Give Feedback