Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Government Outlines Plan to Restore Posta Kenya’s Lost Glory

Domenic Ntoogo by Domenic Ntoogo
November 8, 2022
in News
Reading Time: 2 mins read

Information, Communications and the Digital Economy Cabinet Secretary Eliud Owalo has said his ministry intends to initiate a raft of measures at the Postal Kenya Corporation to return it to profit-making ways.

Speaking during a familiarization visit to the Corporation headquarters in Nairobi, Mr. Owalo said the corporation’s manner of operation is way behind time, calling for the modernization of its systems to make it competitive.

“Having not read the signs, or having read the signs but not adjusted in a timely manner, the corporation is clearly in the grip of stiff competition from the private sector,” said Mr. Owalo.

Read: ICT CS Nominee Eliud Owalo’s Plan To Revamp KBC

RELATEDPOSTS

Struggling Posta Kenya receives KES 3 billion boost for revamp

June 13, 2024

Posta pays KES 435 million to settle wage delays

December 14, 2023

Owalo added that the private sector deprived the corporation of its competitive edge due to the failure to make use of the evolving demands of the market.

He revealed his planned interventions, both short-term and long-term, which are aimed at making pasta overcome the challenges it currently faces.

The five pillars Owalo intends to prioritize are; internal organization and governance, technology and innovation, product and services, the corporation’s financial management and policy and regulatory environment.

Read: Postal Corporation of Kenya Appoints Peter Kanaiya As New Board Chairman

CS Owalo also said that the skills of the corporations needed to be reviewed to match international standards, as well as reviewing the assets to ascertain their relevance to the current digital world.

“We will also review the skills needs and skills mix and their sustainable relevance for growth in the prevailing and future marketplaces, as well as review the assets base and its wider relevance now and in the future,” Owalo stated.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

NBK, AGF Sign Loan Portfolio Guarantee Agreement To Finance MSMEs

Next Post

Ababu Namwamba Gifts NYS Officer Who Wiped His Dirty Shoes

Domenic Ntoogo

Domenic Ntoogo

Related Posts

News

Why Matatu Fares Rise With the Rain and Never Come Back Down

October 9, 2026
News

Kenya Without an IMF Programme: What Does It Mean for the Economy and Investors?

October 9, 2026
Analysis

Kenya’s kSh340 billion infrastructure fund goes live

October 9, 2026
News

Public Debt and Economic Growth

October 9, 2026
News

Shariah compliant investment products expand as Islamic finance nears $6 Trillion

October 9, 2026
News

Beyond the Dangote IPO, Can Africa Unlock a New Era of Cross-Border Investing?

October 9, 2026

LATEST STORIES

Why access to affordable credit is critical for business growth

October 9, 2026

Why Matatu Fares Rise With the Rain and Never Come Back Down

October 9, 2026

Kenya Without an IMF Programme: What Does It Mean for the Economy and Investors?

October 9, 2026

Kenya’s kSh340 billion infrastructure fund goes live

October 9, 2026

Public Debt and Economic Growth

October 9, 2026

Part-time work in retirement and what it means for your pension

October 9, 2026

Lionel Messi’s Argentina Farewell

October 9, 2026

Shariah compliant investment products expand as Islamic finance nears $6 Trillion

October 9, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024