The Postal Corporation of Kenya, Posta, wants to increase letter sending tariffs by 43 per cent despite dwindling postage business. In a request to CA, Posta cited increasing costs of doing business as the reason for the increment. Posta has 623 outlets distributed across the country, some of which cost more to operate than the revenue they generate. Posta has been struggling to remain afloat in the advent of rise in technology use for communication. Total investment in the postal and courier business has also dropped by 22.6 per cent over the period to Sh327 million from Sh504 million in 2011.
Source: The Star June 09, 2017 20:50 UTC