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info@radiopanache.co.za Johannesburg, Gauteng, RSA

News24.com | High court gives nod to Post Office’s business rescue, staving off liquidation amid R2.4bn bailout

The North Gauteng High Court in Pretoria has granted government’s application to place the SA Post Office in business rescue, putting a halt to ongoing liquidation proceedings and paving the way for a R2.4 billion taxpayer bailout.

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