I have been informed by the Department as follows:
- (b) (c) The allocation was for the recapitalization of SAPO to implement its strategic turnaround plan. The total amount of R650 million was for the recapitalization of SAPO to enable it to implement its strategic turnaround plan. The total amount of R650 million was transferred to SAPO on 18th April 2016
Approved/Not Approved
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Dr Siyabonga Cwele, MP
Minister of Telecommunications and Postal Services
Date: