Business Daily | by Edwin Mutai
The Postal Corporation of Kenya (PCK) is seeking Sh1 billion annually from the Treasury to keep loss making branches open across the country as it struggles to turn around its dwindling fortunes.
PCK told Parliament that the Sh1 billion allocation will go towards meeting the corporations’ universal service obligation to Kenyans by ensuring the branches remain open.
The State corporation operates a vast network which currently stands at 623 post offices and partners with about 5,000 stamp vendor licensees across the country…
