KRA Collects over Ksh.49 billion at JKIA

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.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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