I have been advised by SAPO as follows:
- The erstwhile Post Office GCEO, Mr Mark Barnes, mainly cited the ultimate separation of the shareholding, control and management of Postbank and SAPO as his main reason for his resignation. He reasoned that the decision goes against the agreed strategy for SAPO business model founded on a diversified revenue strategy.
- The resignation letter does not indicate that undue political interference was the reason for the resignation. (a) and (b) are therefore not applicable.
MS STELLA NDABENI-ABRAHAMS
MINISTER