Prime

Ailing Posta cites risks as it drops bid to invest in PSV sector

Postmaster General Dan Kagwe during the launch of commemorative stamps at the Huduma Centre offices in Mombasa on May 30, 2017. PHOTO | KEVIN ODIT | NMG

By  Bonface Otieno

Nation Media Group

Business Reporter

Struggling Postal Corporation of Kenya has dropped plans to enter the public service transport sector, citing the venture as a risky business.

Postmaster-General Dan Kagwe said they had abandoned the transport business and would instead focus on e-commerce and logistics.

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