Lossmaking Posta News Today

The Kenya Broadcasting Corporation (KBC) and the Postal Corporation of Kenya (PCK) will take at least three years to return to profitability if the Cabinet approves a restructuring plan.

MPost —a service that turns mobile phones into formal postal addresses— has increased annual subscription charges by 33 percent.

Postal Corporation of Kenya (PCK) has been ordered to provide statements of deductions from beneficiaries of the PCK Staff retirement scheme.

Posta has inked a deal that will see it offer postal and courier services to SMEs, coming as a major boost for the State Corporation which has been making losses.