Posta needs Sh1bn yearly to keep branches open

Posta’s CEO and Postmaster-General Dan Kagwe. FILE PHOTO | NMG

The Postal Corporation of Kenya (PCK) is seeking Sh1 billion annually from the Treasury to keep loss making branches open across the country as it struggles to turn around its dwindling fortunes.

PCK told Parliament that the Sh1 billion allocation will go towards meeting the corporations’ universal service obligation to Kenyans by ensuring the branches remain open.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.