Post Office suspends new boss

* The SA Post Office has suspended its CEO, Lindiwe Kwele, after just four months into the job as the state-owned entity struggles to pull itself out of a crisis that saw it lose more than R1bn in the last financial year. It could not establish the reasons for Kwele’s suspension, which comes barely months after taking over from Mark Barnes – who resigned in August after clashing with the board and the government over their decision to hive off Postbank. Kwele and the head of the supply chain management division, Mothusi Motjale, were placed on suspension on 4 December. The Post Office confirmed the suspension of the duo, saying it would allow for an independent investigation into unspecified matters.

Full City Press report