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ANTONII [103]
3 years ago
14

Reasons why South African post office taking private courier companies to court​

Business
1 answer:
Brrunno [24]3 years ago
3 0

Answer:

Explanation:

As the only operator of this kind in South Africa, the Post Office has the exclusive right to provide delivery services for all letters, postcards, printed matter, small parcels, and other postal articles up to and including 1kg.

PostNet was initially ordered to stop delivering all packages weighing 1kg and less by 17 March 2020. However, it secured an interdict which allowed it to continue to deliver these packages until the full challenge was heard in the Gauteng High Court.

The Post Office, Postnet and the South African Express Parcel Association (SAEPA) are now set to head to court in a move that could have ramifications for the entire courier industry in South Africa.

Icasa spokesperson Paseka Maleka told BusinessDay that the regulator would give its support to the Post Office as it was following the letter of the law, which allowed private couriers to only deliver food items in the 1kg or less category.

“Icasa’s mandate is to implement what the law requires, and we are doing exactly that,” he said.

“There are exemptions that deal with businesses that do not fall under postal services. Uber Eats, Mr Delivery, etc are such businesses. Obviously, one cannot expect Sapo to be delivering pizza to a consumer,” he said.

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The answer is 1,009 and thats your answer
8 0
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Louis is a student at Texas A&M who just secured a summer internship working for the marketing department of Southwest Airli
marta [7]

Answer:

The correct answer would be option B, GreyHound Bus System.

Explanation:

Greyhound Bus System is considered to be the generic competitor for Southwest Airline. Generic competitors are the ones who have different products or provide different services but the purpose of the product or service remains the same.

So the Greyhound Bus System and Southwest Airline both provide different services, as Greyhound bus system allows travelling through bus while Southwest Airlines allow travelling through aircraft, but the purpose of both the companies remain same, which is to travel or to transport people from one place to another. So these both companies will be the generic competitor of each other.

6 0
3 years ago
Read 2 more answers
Over the next three years, Distant Groves will pay annual dividends of $.65, $.70, and $.75 a share, respectively. After that, d
olganol [36]

Answer:

The share is worth $5.68 today.

Explanation:

The current price of the stock can be calculated using the DDM or dividend discount model. The DDM values the stock based on the present value of the expected future dividends from the stock.

The following is the formula for the price of the stock today,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  + ... +  Dn / (1+r)^n  +  Terminal value / (1+r)^n

The terminal value is the cumulative value of all the future dividends calculated when the dividend growth becomes zero or constant. In case the dividend growth becomes constant, like in this case, the terminal value is calculated as follows,

Terminal value = Dn * (1+g) / r - g

Where,

  • g is the Constant growth rate in dividends

So, the price of this stock today is,

P0 = 0.65 / (1+0.145)  +  0.70 / (1+0.145)^2  +  0.75 / (1+0.145)^3  +  

((0.75 * (1+0.02) / (0.145 - 0.02)) / (1+0.145)^3

P0 = $5.678 rounded off to $5.68

6 0
3 years ago
For each growth rate below, use the rule of 70 to calculate how long it will take incomes to double. Instructions: Round your an
STatiana [176]

Answer:

Explanation:

Rule 70 is used to estimate how long it tales a cashflow amount to double.

The formula is as follows ;

Number of years = 70 / growth rate

<u>At 1.4% growth rate;</u>

Number of years = 70 / 1.4 = 50

<u>At 3.2% growth rate;</u>

Number of years = 70 / 3.2 = 21.88

<u>At 4.9% growth rate;</u>

Number of years = 70 / 4.9 = 14.29

<u>At 6.4% growth rate;</u>

Number of years = 70 / 6.4 = 10.94

<u>At 7.5% growth rate;</u>

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4 0
4 years ago
Will the current market situation cause the price to go up, go down, or stay the same?
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Because Demand is up and supply is down companies are going to start demanding a higher price for their product since there are less on the market

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