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	<title>economic growth Stories - newskenya</title>
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		<title>KRA Reports Significant Tax Revenue Growth in Kenya</title>
		<link>https://news-kenya.co.ke/kra-reports-significant-tax-revenue-growth-in-kenya/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Tue, 07 Apr 2026 15:18:45 +0000</pubDate>
				<category><![CDATA[Trending]]></category>
		<category><![CDATA[customs revenue]]></category>
		<category><![CDATA[domestic taxes]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[financial year 2025/26]]></category>
		<category><![CDATA[government revenue]]></category>
		<category><![CDATA[Kenya]]></category>
		<category><![CDATA[KRA]]></category>
		<category><![CDATA[KRA collection]]></category>
		<category><![CDATA[Tax Compliance]]></category>
		<category><![CDATA[tax revenue]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/kra-reports-significant-tax-revenue-growth-in-kenya/</guid>

					<description><![CDATA[<p>The Kenya Revenue Authority (KRA) has reported a notable increase in tax revenue collection, reaching Sh2.04 trillion in the first nine months of 2026.</p>
<p>The post <a href="https://news-kenya.co.ke/kra-reports-significant-tax-revenue-growth-in-kenya/">KRA Reports Significant Tax Revenue Growth in Kenya</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>The Kenya Revenue Authority (KRA) has announced a substantial increase in tax revenue, collecting Sh2.04 trillion in the nine months leading up to March 31, 2026. This figure represents an 11.4 percent rise compared to the Sh1.829 trillion collected during the same period in the previous financial year.</p>
<p>Domestic taxes accounted for Sh1.3 trillion of the total revenue, reflecting a year-on-year growth of 10.4 percent. Additionally, customs and border control collections rose to Sh733.7 billion, marking a 13.3 percent increase from Sh647.6 billion in the previous year.</p>
<p>Furthermore, KRA collected Sh204.45 billion on behalf of other government entities, exceeding the target of Sh201.7 billion. Revenue collected on behalf of the National Treasury reached Sh1.834 trillion, achieving 95.5 percent of the target set at Sh1.921 trillion.</p>
<p>Despite these gains, KRA fell short of its collection target of Ksh 2.12 trillion for the period, realizing a performance rate of 96.1 percent. The authority has been assigned a more ambitious target of Ksh 2.97 trillion for the entire 2025/26 financial year.</p>
<p>To meet this target, KRA faces a significant gap of approximately KSh 932 billion that needs to be raised in the final quarter. The growth in revenue has been attributed to improved compliance and the implementation of digital reforms.</p>
<p>Humphrey Wattanga, a KRA spokesperson, noted, &#8220;Revenue collection maintained steady quarter-on-quarter growth across all three quarters, indicating improving compliance consistency and gradual strengthening in economic activity.&#8221; He further emphasized that this resilience demonstrates continued taxpayer responsiveness and expanding compliance.</p>
<p>Economic indicators also reflect a positive trend, with economic growth improving to 4.9% in the third quarter of 2025, while inflation stood at 4.4% in March 2026. These factors may contribute to the ongoing efforts by KRA to enhance revenue collection.</p>
<p>As KRA continues to adapt to changing economic conditions, further developments in revenue collection strategies are anticipated. Details remain unconfirmed regarding the specific measures that will be implemented to bridge the existing revenue gap.</p>
<p>The post <a href="https://news-kenya.co.ke/kra-reports-significant-tax-revenue-growth-in-kenya/">KRA Reports Significant Tax Revenue Growth in Kenya</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
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		<item>
		<title>Nairobi&#8217;s Railway City Project Set to Transform the Urban Landscape</title>
		<link>https://news-kenya.co.ke/nairobi-s-railway-city-project-set-to-transform/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Tue, 07 Apr 2026 15:16:50 +0000</pubDate>
				<category><![CDATA[Trending]]></category>
		<category><![CDATA[affordable housing]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[Kenya Railways]]></category>
		<category><![CDATA[Nairobi]]></category>
		<category><![CDATA[Railway City]]></category>
		<category><![CDATA[Transportation]]></category>
		<category><![CDATA[urban development]]></category>
		<category><![CDATA[William Ruto]]></category>
		<category><![CDATA[Woodley Development Initiative]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/nairobi-s-railway-city-project-set-to-transform/</guid>

					<description><![CDATA[<p>The Nairobi Railway City project is poised to significantly impact the city's economy by creating thousands of jobs and affordable housing units.</p>
<p>The post <a href="https://news-kenya.co.ke/nairobi-s-railway-city-project-set-to-transform/">Nairobi&#8217;s Railway City Project Set to Transform the Urban Landscape</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>The Nairobi Railway City project is anticipated to have a profound impact on the urban landscape of Nairobi, aiming to create 10,000 affordable housing units and generate 10,000 jobs during its construction and initial phases. With an allocation of 30 billion Kenyan Shillings, this initiative is seen as a strategic move to enhance the city’s economic development and mobility.</p>
<p>President William Ruto emphasized the transformative potential of the project, stating, &#8220;This will create wealth and jobs, delivering tangible economic benefits. It will be transformative; improving mobility, stimulating growth and fostering prosperity across the Nairobi Metropolitan area.&#8221; The project has been in development for over six years and aligns with Kenya’s Vision 2030 and other national urban and transport master plans.</p>
<p>Occupying 438 acres adjacent to Nairobi’s Central Business District, the Nairobi Railway City aims to modernize the area into a vibrant business, transport, and residential hub. The new Central Station is scheduled for completion by July 2027, marking a significant milestone in the city&#8217;s infrastructural development.</p>
<p>In a related development, authorities in Nairobi recently destroyed approximately 2,000 litres of illicit brew during a targeted operation, highlighting ongoing efforts to improve public safety and community well-being. The National Police Service stated, &#8220;This intervention underscores a broader commitment to safeguarding community well-being through proactive and continuous enforcement measures.&#8221;</p>
<p>However, not all developments in Nairobi are without controversy. Residents of Woodley Estate have raised concerns regarding the allocation of housing units, claiming that the Nairobi county government is favoring personal interests over fair distribution. Sam Njuguna Gachago, a local resident, noted, &#8220;The court ruled that the county should ensure that all the illegally evicted tenants are restored back to their houses, but they continue to allocate these houses to friends and relatives of county officials.&#8221;</p>
<p>As the Nairobi Railway City project progresses, it remains to be seen how these issues will be addressed and what further developments will arise in the coming months. The situation continues to evolve, and details remain unconfirmed.</p>
<p>The post <a href="https://news-kenya.co.ke/nairobi-s-railway-city-project-set-to-transform/">Nairobi&#8217;s Railway City Project Set to Transform the Urban Landscape</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
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