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
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
“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