Author: Archive

Kenyan postal corporation plans to raise Sh1.7 billion

The Postal Corporation of Kenya is planning to raise Sh1.7 billion to fund its recovery strategy over the next four years.

Mr Dan Ameyo, the Post-Master General, says the aim is to return the giant parastatal to profitability. The strategy, he says, is to raise the funds through new product rollout and the opening of new postal facilities countrywide.

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Talks on cutting Irish An Post’s losses open at the LRC

Talks aimed at stemming the huge financial losses at An Post are due to begin at the Labour Relations Commission (LRC).

The two sides involved, management and the Communications Workers’ Union, have continued to argue over a range of issues as the postal service began to return to normal.

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Indian postmen to deliver e-post

The traditional postman in India is now going to have a new job profile with the introduction of a fresh high-tech service product “e-post” by the department of post. Under e-post, handwritten letters, typed and printed documents, photographs etc are copied by post office computer with the help of scanner and then sent by e-mail to concerned post offices in India and abroad.

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Japan Post’s plans to expand before privatisation

Posts minister Taro Aso has backed Japan Post’s plan to expand its business operations before it is privatised in 2007. “I think it is the right direction to make it better prepared for privatisation,” Aso, minister of public management, home affairs, posts and telecommunications, told a press conference.

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French La Poste loses race to acquire Spanish SEUR

La Poste, the French state postal service operator, is reported to have been beaten in the race to acquire a stake in SEUR, Spain’s leading express parcel forwarder. JPMorgan Partners and Bridgepoint, the U.S. venture capital funds, will acquire the share package, amounting to a 21.2 per cent stake in the company, from founder Justo Yufera, for a sum estimated by analysts at around 120m euros.

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UK Regulator Postcomm welcomes Simone Bos as new Commissioner

Postcomm has announced that the Secretary of State for Trade and Industry have appointed Ms Simone Bos to be a Commissioner. Ms Bos was until 2001 on the Executive Board of the Dutch public postal operator, TPG Post BV, and has an extensive knowledge of the postal sector. Her appointment is for three years.

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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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