{
  "id": 18319896,
  "title": "Revenue collection hits Ksh 1T in four months to October",
  "url": "https://urgent.news/2026/11/05/revenue-collection-hits-ksh-1t-in-four-months-to-october",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T14:04:49.000Z",
  "source": {
    "name": "KBC",
    "slug": "kbc",
    "url": "https://www.kbc.co.ke/revenue-collection-hits-ksh-1t-in-four-months-to-october/"
  },
  "original_language": "en",
  "account": "Kenya Revenue Authority (KRA) has achieved a record Ksh 1.01 trillion in revenue collection for the first four months of the fiscal year ending October 2026. This milestone was reached two months ahead of previous years. In October alone, KRA exceeded its collection target by Ksh 2.3 billion, with revenue reaching Ksh 260.6 billion, surpassing the target of Ksh 258.3 billion at a 100.9% collection rate. Compared to October 2025 and October 2024, the revenue growth rate increased to 15.5%. Customs revenue grew by 11.3% to Ksh 94.8 billion, driven by non-oil taxes, while domestic revenue increased by 18.1% to Ksh 165.4 billion. Corporation tax collections grew by 31.6% to Ksh 23.9 billion, supported by sectors like electricity, manufacturing, transportation, and wholesale, with an average tax growth of 38.1%. Domestic VAT and excise duty also surpassed their targets, with VAT growing by 22.1% to Ksh 33.4 billion and excise duty growing by 54.1% due to increased remittances from manufacturers of various products. KRA aims to collect Ksh 3.268 trillion by the end of the financial year 2026/2027.",
  "summary": "Kenya Revenue Authority (KRA) has collected a record Ksh 1.01 trillion on four months of the current fiscal year ending October 2026. The authority attributes the increase to enhanced revenue mobilization which has helped it achieve the milestone a month earlier than in previous financial years. In the month of October alone, KRA says it […] The post Revenue collection hits Ksh 1T in four months…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Apapa Customs generated N302bn revenue in October -Official",
        "url": "https://urgent.news/2026/11/05/apapa-customs-generated-n302bn-revenue-in-october-official",
        "published": "2026-11-05T14:38:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}