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Proposed legislation to boost postal services

20 November 2013, 17:11

Nairobi - Postal Corporation of Kenya looks set to introduce a variety of electronic services following the tabling of the Miscellaneous Amendment Bill 2013 in Parliament.

If the proposed legislation sails through, the corporation will have all its services transacted electronically.

The Bill further provides for integration of mobile money and other electronic money services in to the corporation’s services.

The corporation’s secretary would also be a signatory to a measure that seeks to authentic the seal of the corporation.

The firm seeks to introduce the postal financial services and incidental services relating to issuing, receiving and money payments, e-money, money and postal orders, postal cheques, mobile payment money remittance business as part of measures to remain a float.

The Miscellaneous Amendment Bill 2013 comes amid stiff completion in the market especially in mobile transfer with customers seen going only for the cheaper and convenient options of sending and receiving money.

Quarterly Statistical Report released recently by the Communication Commission of Kenya indicated a steady decline in the Postal Corporation’s courier services regarding the number of letters sent and received locally and internally.

“The decline in volumes of letters sent during the period under review could be attributed to the stiff competition from telecommunication sector which have proven to be reliable and efficient means of communication,” read an extract from the CCK report.

 – CAJ News


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