Kenya Revenue Authority(KRA) Customs and Border Control Department has registered a revenue collection growth of 10.12 percent at the Jomo Kenyatta International Airport (JKIA), to reach Ksh.49.063 billion.
This is against a target of Ksh.46.991 billion. This represents a 104 percent rate against the financial year 2022/2023 revenue target.
The taxman attributed the new revenue to the reopening of economies after the Covid-19 pandemic leading to a significant cargo increase.
“This enabled KRA to collect Sh5.388 billion against a target of Sh4.806 billion from air navigation service charge, which is levied on planes landing at the airport.
The revenue reflects a performance rate of 112 per cent. The collection represents a 31.91 per cent growth in revenue compared to the same perion in the financial year 2021/2022,” said KRA.
Revenue collected from air passenger service at JKIA also recorded a growth of 53.33 percent compared to the financial year 2021/2022.
The growth is attributed to an increase in the number of air passengers.