KRA Reveals 5 Sectors Paying the Highest Taxes in Kenya
In its report, KRA also announced several measures to crack down on tax evasion, including expanding electronic invoicing and introducing real-time revenue monitoring...
✨ Key Highlights
The Kenya Revenue Authority (KRA) announced it collected a record Ksh2.844 trillion in the 2025/2026 fiscal year, with the manufacturing sector being the largest contributor. This marks significant revenue growth for the tax authority.
- The manufacturing sector generated Ksh462 billion, representing 16.2% of total collections.
- Key sectors contributing to the revenue surge included manufacturing, energy, financial & insurance, ICT, and wholesale & retail trade, accounting for 62% of the total.
- The KRA attributes this strong performance to increased adoption of technology, including the Electronic Tax Invoice Management System (eTIMS), improved tax administration, and strengthened debt collection efforts.
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World Bank Warns Kenyans of Tough Times Ahead, Predicts Sharp Poverty Rise - July 2026
The World Bank is warning of significant economic hardship in Kenya, projecting that up to 2.4 million more people could fall into poverty by the end of 2026. The World Bank has also urged Kenya to implement significant anti-corruption reforms as a condition for its latest $750 billion lending package, which was delayed due to the government's slow progress on these measures. Meanwhile, the Kenya Revenue Authority announced it collected a record Ksh2.844 trillion in the 2025/2026 fiscal year, with the manufacturing sector being the largest contributor.
