The Post Office is needed to drive e-commerce in South Africa, Zulzi founder Donald Valoyi has said.
the Post Office can play an important role in supporting e-commerce growth in South Africa, even as the struggling state-owned company faces the prospect of going to the wall.
“It would be a mistake for us as South Africans if we don’t move with everyone in this revolution. If we can do more in trying to build better infrastructure, that can help in trying to reduce the cost,” Valoyi told TCS.was founded in 2023 as an online shopping aggregator.
According to Rooplal and Damons, the business rescue process has helped improve the company’s net asset value from a negative R7.9-billion in June 2023 to R840-million in June 2024. The staff headcount has also been reduced from just over 11 000 to some 4 800 workers. The number of branches has also been reduced, almost in half, from 657 to 366.
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