Post Office CFO resigns after 3 months

Leadership instability at the SA Post Office (Sapo) is set to continue as its CFO has quit after just three months in the job.

TimesLIVE has learnt that Khathutshelo Ramukumba, who was appointed in October, resigned last month.

SA Post Office spokesperson Johan Kruger confirmed that Ramukumba resigned with effect from December 31, citing personal reasons.

“The board has placed on record its appreciation for the sterling work that Mr Ramukumba was able to do during his tenure as CFO, and has conveyed its gratitude to him,” said Kruger.

He said the process of recruiting a permanent CFO for the Post Office has already started.

Ramukumba declined to comment when contacted by TimesLIVE.

Sapo is still to appoint a permanent CEO since Mark Barnes' departure in August 2019.

In October communications minister Stella Ndabeni-Abrahams told parliament that the government was doing everything it could to prevent the post office from being liquidated.

The cash-strapped state-owned entity presented yet another turnaround plan to parliament that month, asking for more money from the state and claiming the Covid-19 lockdown had “devastated” its financial situation.

TimesLIVE