Postbank is a subsidiary of South Africa's Post Office. An entity that is bankrupt and barely functional despite having a state mandated monopoly on an entire country's postal system. As per article they're also running the SASSA social grant system which is a train wreck in itself and has been buried in legal disputes for years (not random small cases...a challenge to the legitimacy of their core mandate on grants).…
To clarify: no one is compelled to use the South African Post Office. There are dozens of courier companies that offer much better service (legally). The SAPO operating model is the same as many/most other legacy postal services around the world, but more incompetently executed.
They are actually - and SAPO is trying to legally enforce it. Whether it sticks or not...we shall see.
https://mybroadband.co.za/news/business/346729-online-stores...