Business & Economy3 stories
Reports Show Increased Kisumu Port Tax Collection, Rising Construction Costs, and Falling Trade Value in Kenya - October 2025
The Kenya Revenue Authority (KRA) announced a 256.7 percent increase in tax collections at the Kisumu Port, reaching Sh107 million in the 2024/25 fiscal year, attributing the surge to enhanced surveillance. Separately, the Kenya National Bureau of Statistics (KNBS) reported that construction material costs rose across most major categories in the third quarter of 2025 compared to the previous year. This rise coincided with a significant decline in the value of building approvals in Nairobi. Kenya's overall trade value also saw a drop, falling to Sh313.3 billion in August 2025 from Sh349.6 billion in July. During this period, Uganda and the United States were Kenya's top export destinations.


