C
Originally published by Capital Business
📰 Read Full Article
business
October 30, 2025
3mo ago

Kisumu Port tax collection up 256.7pc, KRA

Kisumu Port tax collection up 256.7pc, KRA

NAIROBI, Kenya, Oct 30 - The Kenya Revenue Authority (KRA) has reported a 256.7 percent surge in tax collections at the Kisumu Port, reaching Sh107 Kenya breaking news | Kenya news today |..

✨ 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.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Part of the Day's Coverage

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.

3 stories in this topic
View Full Coverage
Advertisement
Advertisement