Business

Posta Receives KSh65 Million from Treasury for Logistics Fleet

The Postal Corporation of Kenya (Posta) has received KSh65 million from the National Treasury, seeking to modernize its logistics fleet.

The funds will be used for the acquisition of a new fleet of trucks to enable the corporation meet its mandate of serving its customers effectively and efficiently.

With the additional new fleet, the corporation plans to grow its market share significantly in the mail and Courier service by enhancing door- to- door delivery while augmenting its e-commerce capacity in the increasingly competitive sector.

Dan Kagwe, the Postmaster General says the Corporation plans to leverage on its vast network of over 600 post offices countrywide to roll out the last-mile delivery service to all corners of the country by offering real-time, reliable track-and-trace facility. adding that the launch of the service will support and strengthen the already existing e-commerce platform in the corporation.

In September 2020, Posta received a KSh810 Million cheque from the National Treasury, to assist the firm sort out staff salary arrears. The firm had been struggling to pay salaries for a while after the COVID-19 pandemic hit its international mail business and cut its revenue.

See Also:

Posta & NTSA Ink Logistics & Delivery Deal

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