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Huge debt aside, Posta here to stay, say bosses
Postal Corporation of Kenya (PCK) Postmaster General Dan Kagwe at the Stanley Hotel in Nairobi yesterday.
Photo credit: Francis Nderitu | Nation Media Group
What you need to know:
- 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.
- The government needs to approve joint ventures and public private partnerships
- CA’s acting Director General Mercy Wanjau said they are here to stay.
Posta is not about to exit the stage. This is according to the State corporation’s management and the ministry of Information Communication and Technology (ICT), even as they admit the firm’s deep financial wounds that won’t heal without Treasury 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 in the end the government will either finance its loss-making outlets or implement restructuring proposals to turn around its operations.
