Top taxpayers revealed as KRA nets Sh2.8 trillion
Manufacturing, ICT, financial and energy segments cement position as leading contributors to the Exchequer...
✨ Key Highlights
The Kenya Revenue Authority (KRA) announced record tax collections of Sh2.844 trillion for the financial year ending June, driven by strong performance in the manufacturing and energy sectors. Despite surpassing last year's collections by 10.6 percent, the KRA narrowly missed the Treasury's target.
- Top taxpayers identified include the manufacturing (contributing Sh462 billion) and energy (contributing Sh445 billion) sectors.
- The KRA, led by Commissioner-General Adan Mohamed, collected Sh276.14 billion in agency revenue, exceeding its target by 99.1 percent.
- Customs revenue exceeded expectations, collecting Sh988.78 billion against a target of Sh980.79 billion.
Continue Reading
Read the complete article from Nation Business
Part of the Day's Coverage
KRA Nets Record Sh2.8 Trillion in Tax Collections - July 2026
The Kenya Revenue Authority announced record tax collections of Sh2.844 trillion for the financial year ending June, driven by strong performance in the manufacturing and energy sectors. Despite surpassing last year's collections by 10.6 percent, the KRA narrowly missed the Treasury's target. At the same time, apartment prices in Kenya have continued their decline for the fourth consecutive quarter, dropping by 3 percent in the year to March, as an oversupply of flats contrasts with rising demand for standalone homes. Separately, the Sacco Societies (Amendment) Bill, 2025, is currently under consideration in the National Assembly, aiming to strengthen the regulatory framework for Saccos and protect members' savings.
