South African Post Office (SAPO) is the national postal service of South Africa and as a state owned enterprise, its only shareholder is the South African government. In terms of South African law, the Post Office is the only entity legally allowed to accept reserved mail and as such operates a monopoly.[4] It employs over 23,800[5] people and operates more than 2,486[5] postal outlets throughout the country and therefore has a presence in almost every single town and city in South Africa.Its main subsidiary is Postbank, a financial services provider, headed by Shaheen Adam.[5]