Lower rates, imports cut Sh8bn from Railway Development Levy

Passengers board a Madaraka Express train at Nairobi Terminus to Mombasa.  

Photo credit: File | Nation Media Group

Revenue from the Railway Development Levy (RDL) dropped by Sh7.86 billion in the financial year ending June after a cut on its rate and underperformance of imports due to a weaker shilling.

Data from the Treasury shows that the government received Sh32.024 billion from the levy, the lowest collections since June 2021.

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Note: The results are not exact but very close to the actual.