I have been advised the South African Post Office (SAPO) as follows:-
(a) The table below illustrates the age analysis of the outstanding amount of R127 080.00 on the Just Matric vendor.
VENDOR |
AC |
CURRENT |
+ 30 DAYS |
+60 DAYS |
+120 DAYS |
TOTAL |
111 421 |
Just Matric |
0.00 |
0.00 |
0.00 |
127 080.00 |
127 080.00 |
(b) SAPO is clearing the backlog of supplier payments which includes Just Matric. Payments will be made depending on cashflow improvements.