KRA Exceeds Revenue Target as KPC and NCBA Announce Major Financial Strategies - January 2026

The Kenya Revenue Authority (KRA) surpassed its revenue targets for December, marking the highest-ever monthly collection from customs and a strong start to the second half of the 2025/26 financial year. In corporate news, the Kenya Pipeline Company (KPC) announced it will reinvest half of its annual profits as part of a significant expansion and diversification strategy. KPC will also afford its employees the opportunity to acquire a stake in the company after its upcoming initial public offering. In the banking sector, NCBA has received a strategic investment proposal from Nedbank, which is seeking to acquire a significant stake in the Kenyan bank.