Business & Economy3 stories
Kenyan Firms Face Revenue Challenges and Price Adjustments as KRA Seizes Smuggled Goods - October 2025
The Kenya Revenue Authority (KRA) intercepted a truck in Busia County carrying 1,500 cartons of smuggled Supermatch cigarettes, which would have avoided an estimated Sh70 million in taxes. In the broader business landscape, Kenyan companies are suffering significant revenue losses due to disorganised and fragmented data, hindering their competitive advantage despite investing in advanced technologies. This occurs as other Kenyan firms modestly increased selling prices in September after August's 12-month low. The price shift came despite easing cost pressures across various sectors. Businesses also reported improved activity and output, indicating a cautious recovery.