Posta commercialises idle assets to cut reliance on National Treasury
The Postal Corporation of Kenya is commercialising underused assets and reviewing tariffs to become financially self-sustaining. The Star reports that these steps helped drive 10 percent financial growth in the year ended June 2025.
The Postal Corporation of Kenya (Posta) is commercialising its idle assets to reduce its reliance on state funding, The Star reported. The corporation was placed under the National Treasury last year. It says commercialising underused assets and reviewing tariffs helped drive 10 percent financial growth in the year ended June 2025. Chief executive and Postmaster General John Tonui said the asset optimisation programme is part of a wider turnaround strategy. The plan aims to make the business financially self-sustaining. Tonui said the strategy rests on postal modernisation, the PostaPay digital wallet and asset optimisation. He said the plan is tied to the Universal Postal Union's Dubai Strategy 2026-2029, which 192 member countries have adopted. Posta is betting on parcels. According to Tonui, domestic and international parcels rose to 1.48 million in the 2024/25 financial year, up from 137,764 in the previous reporting period. Domestic letters grew 19.5 percent to 174,057. The Universal Postal Union's State of the Postal Sector Report 2026 shows that global letter volumes fell 67 percent between 2019 and 2024. Over the same period, parcel…
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