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MPs, regulator clash over Sh1b Posta bailout plan

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The Standard | by Frankline Sunday


The Communication Authority of Kenya (CA) and the National Assembly are at loggerheads over a proposal to inject Sh1 billion annually into the Postal Corporation of Kenya (PCK), dealing a blow to the efforts to revive the ailing parastatal.

The National Assembly had recommended that CA injects Sh1 billion annually into PCK from proceeds of the Universal Service Fund (USF), the authority’s kitty to finance network infrastructure development in marginalised areas.

The proposals are contained in a report by Parliament’s…

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