Zuko Komisa

The Unemployment Insurance Fund (UIF) is set to inject over R381 million into the struggling South African Post Office (SAPO).
This substantial financial lifeline, announced by Employment and Labour Minister Nomakhosazana Meth, aims to secure the livelihoods of nearly 6000 employees and facilitate the implementation of a crucial turnaround strategy for the postal service.
The agreement, formalised between SAPO and the UIF, will see the funds disbursed over six months through the Temporary Employer-Employee Relief Scheme (TERS). This immediate financial relief is intended to provide stability for 5956 Post Office workers while the organisation works towards a sustainable future.
Minister Meth emphasised the strategic importance of this intervention, stating,
“This is a bold and necessary step to protect workers and restore confidence in our public institutions. The TERS programme is not just a financial mechanism, it is a strategic tool to stabilise employment, support economic recovery, and ensure that no worker is left behind.”
A Memorandum of Agreement (MOA) has been officially signed by the UIF and the Post Office, establishing a formal partnership between the two entities. The Minister clarified that the funding will be released in monthly installments into a dedicated TERS bank account, subject to stringent governance, auditing, and compliance protocols.
On the Business Update on Siz The World, Gugulethu Mfuphi joined Sizwe Dhlomo to provide an update on the South African Post Office on the reprieve for the parastatal’s employees.
Listen to the full conversation here:
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