PRIME CA to use part of telco fees to save Posta’s unviable branches

Ranked News

📰 Kenya

PRIME CA to use part of telco fees to save Posta’s unviable branches 02.06.2026

Business Daily Africa

The Communications Authority of Kenya (CA) is repurposing funds from the Universal Service Fund (USF) to prevent the closure of 17 commercially unviable Posta branches. These branches, initially slated for shutdown as part of a larger plan to close 125 offices and save Sh1 billion annually, will now be refurbished into "smart post offices." The USF, typically used for expanding mobile and fiber optic infrastructure in underserved areas, has had its mandate broadened by CA to include legacy postal services. Posta CEO John Tonui confirmed the conversion to digital use, including virtual postal addresses via the M-Post platform, with CA earmarking Sh3.1 billion for postal and courier service improvements up to 2027. This initiative supports Posta's ongoing restructuring following a recent profit of Sh488 million in the year to June 2025.

Business Daily Africa Full Article

📰 Top Stories

Accord imminent avec l'Iran: Trump optimiste, Téhéran prudent 4h ago

Le Figaro

The migration pact: What's in the EU's landmark asylum reform? 11h ago

Yahoo

World Cup day 2: USA, Canada begin – schedule, predictions and how to watch 10h ago

Aljazeera

Expert warns of 'general escalation' of fighting if Houthis resume Red Sea campaign 4h ago

Fox News

Ukraine-Russia war latest: Kyiv claims devastating strike on Crimea bridge destroyed 50 military vehicles 9h ago

The Independent

Israeli and Palestinian groups urge action on two-state solution in Paris 11h ago

RFI

Why a bleak poll on Russia’s economy spells bad news for Putin as war in Ukraine bites 2h ago

The Independent

Swiss population cap proposal: What it means for Europe 4h ago

The Straits Times

Le bilan du séisme aux Philippines s'alourdit à 55 morts, les recherches toujours en cours 10h ago

Franceinfo

Facebook and Instagram users report issues amid global Meta outage 3h ago

Hindustan Times

🇺🇸 United States

Trump macht wieder Hoffnung auf Iran-Deal 17h ago

Zdfheute

US scholar with history of activism in Myanmar arrested in China on suspicion of espionage 8h ago

Yahoo

US deportation flight carrying Iranians en route to Central African Republic 7h ago

The Straits Times

La Cour suprême des Etats-Unis empêche une exécution par inhalation d'azote 12h ago

Franceinfo

USA unter Trump: Trump nominiert Jay Clayton als neuen US-Geheimdienstchef 22h ago

Faz

Elon Musk's SpaceX raises $75bn ahead of world's biggest stock market launch 9h ago

BBC

1 killed in Iowa as severe storms, suspected tornadoes slam Midwest 16h ago

CBS News

Trump allies reportedly planning to void impeachments 16h ago

The Straits Times

Three ships with Indian crew attacked by the US in three days: What we know 11.06.2026

BBC

House rejects last-ditch FISA extension ahead of Friday deadline 11.06.2026

Axios

🟠 Americas

What happened, and who performed at the World Cup 2026 opening ceremony? 20h ago

Aljazeera

She confided in ChatGPT the night of her suicide. Now, her mother is suing OpenAI. 19h ago

CBS News

New US tariff proposal draws criticism 18h ago

China Daily

Flesh-eating screwworm returns to US, driven by illegal cattle trafficking 11.06.2026

CNN

Wholesale prices see biggest spike since 2022 as energy costs climb 11.06.2026

CBS News

How Elon Musk Built His Trillion-Dollar Fortune 5h ago

The Independent

U.S. charges 3 for alleged smuggling conspiracy involving unaccompanied minors 11.06.2026

CBS News

Pentagon "hazardous materials incident" prompts response from hazmat crews 11.06.2026

CBS News

Trump Nominates Jay Clayton as Director of National Intelligence After FISA Impasse 20h ago

The Independent

Medical Experts Express Concern Over President Trump's Behavior and Conduct 6h ago

The Independent