KRA misses tax collection target despite record Sh2 trillion collections - April 2026

Despite collecting a record Sh2 trillion in taxes, the Kenya Revenue Authority (KRA) has fallen short of its collection target with only one quarter remaining in the financial year. The Kenya Revenue Authority (KRA) is aiming to collect Sh932 billion during the final quarter of the fiscal year to meet its obligations. The private sector has experienced a significant downturn in business activity, marking a challenging period for various industries. Kenya's economic challenges continue as both revenue collection falls short and business output declines.