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Treasury orders State agencies to clear Sh2.2bn debt to crippled Posta
The Principal Secretary National Treasury Chris Kiptoo when he appeared before the National Assembly Public Accounts committee at the Bunge Tower Nairobi on October 30, 2024.
The National Treasury has directed State agencies to immediately pay Sh2.2billion owed to financially crippled Postal Corporation of Kenya (Posta), which has been hit by disruptions amid a nationwide strike by its employees over six months of unpaid salaries worth Sh473million.
This comes after Posta CEO CEO John Tonui, sought a helping hand from the Treasury to forestall the ongoing financial crisis rocking the business, whose operations are nearly grinding to a halt.
