Posta Kenya, also known as the Postal Corporation of Kenya (PCK), has recently adjusted its annual subscription rates for MPost virtual addresses, effective from July 5.
These virtual addresses, developed by Kenyan tech startup MPost, convert mobile numbers into digital addresses to facilitate both postal and e-commerce logistics.
The announcement of the rate adjustments came from Posta Kenya CEO John Tonui on Thursday.
Previously, the cost of corporate virtual boxes was sh. 400 per year.
However, under the new rates, corporate entities will now pay sh. 9,450 annually for their virtual addresses.
Similarly, individual virtual addresses, which were previously priced at sh. 400 per year, have been increased to sh. 2,000 annually.
Tonui emphasized that these adjustments are aimed at informing their customers and the public about the changes in subscription rates for MPost Virtual Boxes/Addresses, which have been revised starting July 5, 2024.
This revision follows a prior increase in rates from sh. 300 to sh. 400 in March 2023.
The MPost system is designed to convert mobile numbers into formal virtual addresses, allowing users to receive notifications whenever they receive mail through their digital postal office boxes.
This innovation is expected to streamline postal services and enhance overall efficiency in mail delivery across Kenya.
In a strategic business decision last year, MPost announced the relocation of its headquarters from Nairobi to Kigali, citing Rwanda’s more favorable business environment for tech startups.
This move marks a significant shift for the company, which had been based in Nairobi since its inception in 2016.
The recent adjustments in subscription rates by Posta Kenya reflect the organization’s ongoing efforts to adapt to market dynamics and improve service delivery in response to evolving customer needs.
These changes underscore Posta Kenya’s commitment to maintaining competitiveness in the digital age while continuing to provide essential postal services to the Kenyan public.
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