KRA falls further below target in collections, blames shilling, interest rates

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Times Tower in Nairobi, the headquarters of Kenya Revenue Authority. FILE PHOTO | DENNIS ONSONGO | NMG

The Kenya Revenue Authority (KRA) collected Sh1.03 trillion between July and Friday last week, after November revenues grew by 15.8 percent to Sh180.7 billion, compared to a similar month of 2022.

The collections were however a further fall in KRA’s annual target, as it continues to struggle to raise revenues, amid harsh economic times for Kenyans and businesses.

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