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.

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.