Tonui noted that the turnaround is pinned to the Universal Postal Union's Dubai Strategy 2026-2029, that has been adopted by 192 member countries Communications Authority director-general David Mugonyi, public investments & assets management principal secretary Cyrell Odede and post master general John Tonui during a briefing in Nairobi.
/JACKTONE LAWI Following its placement under the National Treasury last year the Postal Corporation of Kenya (Posta) is commercializing its idle assets to reduce reliance on state funding. The state-owned corporation says commercialisation of under utilised assets and tariff reviews helped drive 10 percent financial growth in the year ended June 2025.
Chief executive John Tonui said the corporation was implementing an asset optimisation programme as part of a wider turnaround strategy aimed at making the business financially self-sustaining. He noted that the turnaround is pinned to the Universal Postal Union's Dubai Strategy 2026-2029.
“We are implementing a business turnaround strategy anchored on postal modernization, PostaPay revolution and asset optimization,” Tonui said Speaking ahead of the global postal regulators and operator’s convergence in Berne, Switzerland, the post master general said the corporation was seeking to unlock value from assets that had remained idle, while increasing income from its existing operations.
The push comes as Posta seeks to diversify its revenue streams beyond traditional mail delivery, which has come under pressure from digital communication and competition from private logistics companies. The corporation is also converting more than 500 outlets into communication centres and Citizen Service Centres to expand its role in courier services, e-commerce logistics and public service delivery.
Posta is banking on growth in parcel delivery to support the turnaround. Domestic and international parcels rose to 1.48 million in the 2024/25 financial year from 137,764 in the previous reporting period, according to Tonui. Domestic letters grew 19.5 percent to 174,057 over the period, reflecting the corporation's efforts to modernise its mail services even as the global postal industry shifts towards parcel delivery.