Telecom

The deep troubles experienced by the Gabonese Post Office led to the removal of its CEO

Wednesday, 21 October 2015 04:29

For several months now, clients of La Poste SA and its subsidiary La Poste Bank are facing numerous challenges when withdrawaling or depositing money. In the 10 provinces of the country, the problems are the same. Long queues at the counter, but the service is not up to par.

According to the clients, the explanations given by the officers to justify this situation are legion: No internet connection, ATMs out of service, or no electricity. Such poor delivery of services, noted in the past for some companies, which customers of La Poste SA recognise as early warning signs of bankruptcy. As a precaution, some account holders are already trying to withdraw all their savings, without success. In a communiqué published on 17 October 2015, the Gabonese government tried to reassure the clients of La Poste SA.

To prove to the clients of La Poste SA its involvement to ensure the return to normalcy within the public company, the Gabonese government, in its communiqué, dismissed Alfred Mabika Mouyouma, the CEO, who has been accused by the Gabonese press and the unions of La Poste SA of poor management on several occasions. A treasury deficit of several billion of FCfa has been attributed to him. Michael Adandé, ex-advisor to the the minister of Economy and Finance and ex-President of the Development Bank of the Central African States has been appointed in his stead.

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