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HomeDaily NewsThursday, October 30, 2025Reports Show Increased Kisumu Port Tax Collection, Rising Construction Costs, and Falling Trade Value in Kenya - October 2025
Business & Economy3 stories from 1 sources

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.

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Thursday 4:40 PMCapital Business

Kisumu Port tax collection up 256.7pc, KRA

Kisumu Port tax collection up 256.7pc, KRA

The Kenya Revenue Authority (KRA) announced a significant 256.7 percent increase in tax collections at the Kisumu Port, reaching Sh107 million in the 2024/25 fiscal year. This surge is attributed to enhanced surveillance and closure of tax loopholes along Lake Victoria.

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Key Highlights

The Kenya Revenue Authority (KRA) announced a significant 256.7 percent increase in tax collections at the Kisumu Port, reaching Sh107 million in the 2024/25 fiscal year. This surge is attributed to enhanced surveillance and closure of tax loopholes along Lake Victoria.

  • Tax collections jumped from Sh30 million in the previous financial year.
  • Dominic Kengara, Chief Manager of Customs for the Western Region, stated that 4,600 metric tonnes of sugar were imported between May and August 2025, generating over Sh170 million in duties and taxes.
  • The KRA Marine Unit intercepted illicit goods valued at Sh3.19 million in 2023/24, recovering Sh1.6 million in revenue.
Thursday 12:20 PMCapital BusinessFirst

Construction material costs rise in Q3, KNBS reports

Construction material costs rise in Q3, KNBS reports

Construction material costs in Kenya saw an increase across most major categories in the third quarter (Q3) of 2025 compared to the previous year, as reported by the Kenya National Bureau of Statistics (KNBS). This rise coincided with a significant decline in the value of building approvals in Nairobi during the first eight months of 2025.

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Key Highlights

Construction material costs in Kenya saw an increase across most major categories in the third quarter (Q3) of 2025 compared to the previous year, as reported by the Kenya National Bureau of Statistics (KNBS). This rise coincided with a significant decline in the value of building approvals in Nairobi during the first eight months of 2025.

  • The KNBS Construction Input Price Indices increased to 121.27 in Q3 2025, showing a 0.74 percent year-on-year inflation.
  • The cost of reinforced bars and steel rose by 5.2 percent, and sand by 3.63 percent during Q3 2025.
  • The value of building approvals in Nairobi declined by Sh34.2 billion in the first eight months of 2025, dropping to Sh114.3 billion from Sh148.5 billion in the same period last year.
Thursday 2:00 PMCapital Business

Uganda, U.S. top Kenya’s export markets as trade falls to Sh313bn

Uganda, U.S. top Kenya’s export markets as trade falls to Sh313bn

Uganda and the United States were Kenya's top export destinations in August 2025, despite a significant drop in the country's overall trade value. Total trade fell to Sh313.3 billion from Sh349.6 billion in July.

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Key Highlights

Uganda and the United States were Kenya's top export destinations in August 2025, despite a significant drop in the country's overall trade value. Total trade fell to Sh313.3 billion from Sh349.6 billion in July.

  • Kenya's exports to Uganda were valued at Sh11.0 billion, while shipments to the U.S. stood at Sh6.3 billion.
  • The Kenya National Bureau of Statistics (KNBS) released this new data.
  • China remained Kenya's largest import source, with goods worth Sh54.4 billion.
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