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> An entity that is bankrupt and barely functional despite having a state mandated monopoly on an entire country's postal system. To be fair, plenty of state-m
by gsnedders 6y ago
> An entity that is bankrupt and barely functional despite having a state mandated monopoly on an entire country's postal system.
To be fair, plenty of state-mandated monopolies of postal systems still aren't profitable, often because they don't significantly control their revenue stream insofar as they don't set the prices of their products.
- Havoc 6y agoYour argument is broadly sound, but not applicable in this particular case. Currently people are paying a massive premium to utilize private courier to have their stuff privately couriered. People are literally going f that I don't care what it costs I don't trust the postal system. A sane postal service would review this situation and try to understand why the people think "f you". SAPO has decided that the correct solution to this situation is to simply legally mandate that everyone has to use their useless service thus making couriers illegal for this category. Literally: https://mybroadband.co.za/news/business/346729-online-stores-may-be-forced-to-use-the-sa-post-office-and-they-are-not-happy.html https://mybroadband.co.za/news/business/346729-online-stores... I personally take a pretty dim view on "nobody wants this...fine...so we'll just force it by law" dynamics
- jimmydorry 6y agoUnfortunately, I don't think there is a single state-run company in South Africa that isn't bankrupt or on the brink of bankruptcy. The key factor has been unmitigated corruption and ineptitude.