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Why Posta Kenya's liabilities are nearing Sh10 billion mark

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Postal Corporation of Kenya liabilities were vested in the corporation in 1999 through Legal Notice 156. [File, Standard]

The Postal Corporation of Kenya's liabilities are almost hitting Sh10 billion. This is as the latest Auditor General's report on the entity's financial health shows it still renders services to clients who are unable to pay.

The Auditor General's report for the 2023/2024 financial year shows liabilities for the cash-strapped parastatal stood at Sh9.6 billion as of June 30, 2023.

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