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HomeDaily NewsThursday, October 9, 2025Kenya Reports Record Customs Revenue and Credit Growth; CBK Clarifies Bond System - October 2025
Business & Economy3 stories from 1 sources

Kenya Reports Record Customs Revenue and Credit Growth; CBK Clarifies Bond System - October 2025

The Kenya Revenue Authority (KRA) achieved a record collection of KSh 85.1 billion in customs taxes in September, exceeding its target by KSh 3.8 billion. This performance, driven by robust trade and petroleum imports, marked an 18.8% increase from the previous year. In another positive economic indicator, Kenya's private-sector credit reached an all-time high of KSh 3.96 trillion in September 2025, a strong recovery from a 2024 slowdown. This was the first sustained increase since mid-2022, driven by lower lending rates. In the financial markets, the Central Bank of Kenya (CBK) clarified that its planned retail bond system will integrate with the existing Dhow Central Depository System (CDS). This allayed concerns about a separate platform disrupting the country's KSh 2 trillion bond market.

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Thursday 9:47 AMThe Kenyan Wall Street

KRA Monthly Customs Revenue Surges to KSh 85 Bln

KRA Monthly Customs Revenue Surges to KSh 85 Bln

The Kenya Revenue Authority (KRA) achieved a record collection of KSh 85.1 billion ($540 million) in customs taxes in September, exceeding its target by KSh 3.8 billion. This impressive performance was primarily driven by robust trade and petroleum imports, marking an 18.8% increase from the previous year.

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Key Highlights

The Kenya Revenue Authority (KRA) achieved a record collection of KSh 85.1 billion ($540 million) in customs taxes in September, exceeding its target by KSh 3.8 billion. This impressive performance was primarily driven by robust trade and petroleum imports, marking an 18.8% increase from the previous year.

  • KRA surpassed its September customs target by KSh 3.8 billion, achieving a performance rate of 104.7%.
  • The Kenya Revenue Authority attributed the growth to ongoing efficiency reforms, including a new central release operations office.
  • For the full financial year 2024/2025, KRA collected Ksh 2.571 trillion overall, exceeding its target with a 6.8% year-on-year growth.
Thursday 9:19 AMThe Kenyan Wall StreetFirst

Private-Sector Credit Grew to Record KSh 3.96 Trillion in September

Private-Sector Credit Grew to Record KSh 3.96 Trillion in September

Kenya's private-sector credit reached an all-time high of KSh 3.96 trillion in September 2025, signifying a strong recovery from a 2024 slowdown. This growth marks the first sustained increase since mid-2022, driven by lower lending rates and increased demand across key sectors.

Read Story

Key Highlights

Kenya's private-sector credit reached an all-time high of KSh 3.96 trillion in September 2025, signifying a strong recovery from a 2024 slowdown. This growth marks the first sustained increase since mid-2022, driven by lower lending rates and increased demand across key sectors.

  • Private-sector lending grew 5.0% year-on-year, up from 3.3% in August, as reported by the Central Bank of Kenya (CBK).
  • Average commercial bank lending rates fell to 15.1% in September from 17.2% in November 2024, following eight consecutive Central Bank Rate cuts.
  • Credit expansion was broad-based, with Building and Construction loans surging by 52.9% and Manufacturing lending rising by 11.1%.
Thursday 11:46 AMThe Kenyan Wall Street

Retail Bond System to Run on Dhow CDS, Not a New Platform

Retail Bond System to Run on Dhow CDS, Not a New Platform

The Central Bank of Kenya (CBK) has clarified that its planned retail bond system will integrate with the existing Dhow Central Depository System (CDS), allaying concerns about a separate platform disrupting the Kenya's KSh 2 trillion bond market.

Read Story

Key Highlights

The Central Bank of Kenya (CBK) has clarified that its planned retail bond system will integrate with the existing Dhow Central Depository System (CDS), allaying concerns about a separate platform disrupting the Kenya's KSh 2 trillion bond market.

  • The retail system will utilize the Dhow CDS framework already in use for institutional investors, ensuring alignment with current government securities infrastructure.
  • Kamau Thugge, CBK Governor, confirmed the bank will not procure a new standalone retail bond platform.
  • The clarification follows an earlier tender invitation that sparked speculation about bypassing the Nairobi Securities Exchange (NSE), which recently saw annual bond turnover exceed KSh 2 trillion for the first time.
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