The Kenya Revenue Authority (KRA) missed its target for the full year ended June by Sh267 billion, hurt by reduced corporate profits and job cuts in a period when businesses were devastated by the depreciation of the shilling and high energy prices.
The taxman collected Sh2.22 trillion in ordinary revenue, an increase of 9.5 percent from Sh2.03 trillion that it received in the fiscal year ending June 2023.
