Without a taxpayer-funded bailout, the SA Post Office management warned that the state-owned enterprise (SOE) would run out of money by 31 October 2024, a situation labelled as 'Day Zero', and portend a permanent closure of its doors. Beyond October, the SOE has been operational.

By the end of October 2024, the SA Post Office was supposed to have run out of money, paving the way for the SOE's liquidation.

It would be the end of the SA Post Office, whose founding roots go back to 1792 when the first branch/office was opened in Cape Town.

In the weeks leading up to October, SA Post Office management (mainly acting CEO Fathima Gany) warned of an incoming "Day Zero" and needing a taxpayer-funded bailout of R3.8-billion to keep its operations going.

Without a bailout, the SA Post Office's management warned that the SOE would run out of money by 31 October 2024 -- a situation labelled as "Day Zero", portending a permanent closure of its doors.

In this worst-case scenario, 657 SA Post Office branches across the country would close, its remaining 6,208 workers would lose their jobs, and a fire sale of its assets would ensue to raise money and pay outstanding debts.

October has come and gone, and the worst-case scenario was avoided. The SA Post Office is still operational, making "Day Zero" warnings a damp squib.

So, were "Day Zero" warnings...