The Kenya Revenue Authority (KRA) has revealed that it collected Sh49.06 billion ($453 million) in customs duties in the 2022/2023 financial year, surpassing the target of Sh46.99 billion ($433 million).
The 10.12% year-on-year increase was largely credited to a rebound in the hospitality sector and higher cargo volumes at Jomo Kenyatta International Airport (JKIA). The KRA collected Sh5.39 billion from air navigation service charges, 112% of the Sh4.81 billion target, representing a 31.9% growth.
Air passenger service charges also rose significantly, recording a 53.3% increase with collections of Sh11.57 billion, 114% of the Sh8.04 billion target. These numbers were boosted by a surge in air passenger traffic from 6.7 million in 2021 to 10.2 million in 2022, marking a rise in both international and domestic passengers by 80.4% and 32.1% respectively.
The KRA has attributed its successful revenue performance to various initiatives for the efficient processing of passengers and cargo clearance, such as the installation of baggage and cargo scanners, and an automated risk management module in its iCMS system. These improvements have drastically reduced congestion at entry points and streamlined cargo clearance.
According to Kioni, the opposition's ongoing "mole hunt" severely undermines its collective strength. He emphasized…
Lamu Woman Representative Muthoni Marubu announced her decision to withdraw plans to join the ruling…
Nairobi County employees will have to wait longer for their July salaries. The county government…
Safaricom is creating room for more customers. The telco has introduced nine new mobile number…
After building a strong following on TikTok through engaging content and live broadcasts, East African…
Wajir students win national title with an AI drought-warning system as Marsabit team takes second…