ICT ministry, KDF, police agree to buy Sh9.6bn Telposta scheme buildings

Kenya’s ICT ministry, defence forces and police have agreed to purchase buildings from the Telposta scheme for Sh9.6 billion. The proposed sales would help the scheme reduce its heavy concentration in property, which the report puts at 90.44 percent. The transaction marks a significant shift in the scheme’s asset mix and a substantial public-sector property acquisition.

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