Nairobi, Oct. 10 -- Three government ministries are lining up Sh9.62 billion to buy properties owned by Telposta Pension Scheme as the retirement fund moves to cut its real estate exposure to within the Retirement Benefits Authority (RBA) limits.

The scheme's latest annual report shows that the Ministry of Information, Communications and the Digital Economy, the National Police Service, and the Ministry of Defence have agreed to buy four properties in Nairobi, Mombasa and Gilgil.

Published by HT Digital Content Services with permission from Business Daily....