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Posta Kenya eyes mobile, bus services to boost revenues

by: Category: Banking & Finance, East Africa, Featured, Interviews, Technology A+ / A-
 
By Steve Umidha
 
Postal Corporation of Kenya (Posta) plans to maximise on mobile platform and bus service (PSV) to push revenues.
 
The company has introduced into the market a mobile based platform dubbed Mpost or Posta Mkononi – a new service that will see its customers use their mobile numbers as their Post Office Box (P.O BOX) to access postal services through their phones.
 
Speaking Thursday during the product’s launch, Post Master General Enock Kinara said the service being undertaken in partnership with Taz Technologies has already signed up over 20,000 customers in Nairobi alone, in two months.
 
“The pilot projects within Nairobi have seen positive responses from different customers in larger communications sector and over 20,000 sign ups in two months between April and June this year,” said Dr. Kinara.
 
The service which is renewable an annual fee of Sh300 and links with the physical box to the virtual address – meaning the user will keep physical address and receive notifications where there are letters in the mailing box.
 
Posta boss also said the firm is in the process of finalizing on its planned roll out of Post Liner Buses Project that is expected to see the corporation jostle for a place in the public service vehicle (PSV) industry with the introduction of 30 passenger buses to be called post liner bus service, ‘anytime.’ Already two buses are in operation.
 
Last year the company said it was keen to increase its revenues from Sh3.6 billion to Sh14 billion over the next three years through the bus service in addition to its mail, courier and payment services.

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Business Journalist since 2009, has worked for Financial Post, Standard Media Group, Business Journal and People Daily.

Chief Editor at The African Business Fortune Magazine.

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