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Posta is here to stay despite deep financial wounds, agencies insist

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Nation | by Peter Mburu

‘Posta ain’t going nowhere.”

This is according to the state corporation’s management and the ministry of Information Communication and Technology (ICT), even as they admit that the firm’s deep financial wounds won’t heal without a government bailout.

Postal Corporation of Kenya (PCK) Postmaster-General Dan Kagwe cited the Universal Service Obligation (USO) the corporation is mandated to carry through the UN charter, saying that in the end, the government will either finance its loss-making outlets or implement restructuring proposals to turn around their operations…

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