KRA announces record-breaking October revenue as customs collections hit historic high
The Kenya Revenue Authority (KRA) has announced a record-breaking revenue performance after collecting Ksh260.63 billion in October 2026, with Customs recording its highest-ever monthly collections in the history of the tax agency. KRA said on Thursday, November 5, 2026, that it had surpassed its October revenue target of Ksh258.304 billion, collecting Ksh2.327 billion above the […]
The Kenya Revenue Authority (KRA) has achieved a record-breaking revenue performance, collecting Ksh260.63 billion in October 2026, setting a new historical high for monthly customs collections. The Authority surpassed its October revenue target of Ksh258.304 billion, collecting Ksh2.327 billion above the target. October collections marked a 15.5% growth compared to the same period in the previous financial year.
KRA's cumulative revenue collection exceeded the Ksh1 trillion mark by the end of October, reaching Ksh1.010 trillion. Customs and Border Control were the primary contributors to the October performance, collecting Ksh94.793 billion, which was the highest monthly revenue collection ever recorded by the department. They exceeded their monthly target by Ksh1.009 billion, achieving a performance rate of 101.1%.
Non-oil taxes, which made up a significant portion of the collections, recorded a surplus of Ksh7.243 billion and a growth of 26%. Other major tax categories, such as Domestic Revenue, Domestic VAT, Excise Duty, Corporation Tax, Individual Income Tax, Capital Gains Tax, and Stamp Duty, also exceeded their targets, contributing to the overall revenue growth.
The successful performance is attributed to the strong performance by both Customs and Domestic Revenue, with the Authority attributing the growth to an above-target performance across several major tax categories.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.