KRA tax collections rise 15.5pc on business rebound

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The Kenya Revenue Authority (KRA) posted a 15.5 percent growth in tax collections in October as businesses recorded their first expansion in output in eight months, supported by stronger customer demand, rising sales and new orders.

Tax receipts amounted to Sh260.63 billion during the month, narrowly exceeding target of Sh258.304 billion by 0.9 percent.

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