Ballon d'Or winner Harry Kane has officially signed a two-year contract extension with Bayern Munich, committing his future to the German champions until 2029.The 33-year-old England captain, who joined the Bavarians from Tottenham Hotspur in 2023, expressed that he felt "right at home" at the club and in the city of Munich.
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DTB tightens Northern Kenya footprint with Isiolo branch opening
Listed banking solutions provider Diamond Trust Bank Kenya Limited (NSE: DTK) has accelerated plans to expand its Northern Kenya branch network by opening a full-service branch in Isiolo town.To meet growing demand for physical banking solutions in vast Northern Kenya, DTB’s new Isiolo county branch follows a similar opening in Garissa town late last year as part of the bank’s customer portfolio diversification plan.
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![KRA Hits Several Milestones in October Collections [Details]](https://challyhnews.co.ke/wp-content/uploads/2026/11/kra-hits-several-milestones-in-october-collections.webp)
KRA Hits Several Milestones in October Collections [Details]
OverperformingKRA appreciated all Kenyans for remaining committed to honouring their tax obligations and supporting Kenya's economic sustainability.The Kenya Revenue Authority (KRA) revealed that it had surpassed multiple targets it had set for October 2026.In a statement issued on Thursday, November 5, KRA revealed it surpassed the Ksh1 trillion mark in revenue collection by Ksh 10 billion.
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Harry Kane’s new mega-money contract: Where he ranks in world’s highest paid sport stars
Harry Kane’s sensational new Bayern Munich contract will see him stay at the club till at least 2029 – but it also massively elevates his earnings too.
Although the 2026 Ballon D’Or winner’s footballing level was beyond question, but he now has one of the highest footballer salaries in Europe too.
How does Kane compare with stars from elsewhere in the world of sport among the big-hitters of baseball, basketball and the NFL? We run through the biggest earners below.
According to The Sun newspaper, Harry Kane’s new deal will see him bank £20,858,000 – working out at a handy £401,115-a-week.
These numbers line up with his sensational statistics on the pitch.
He’s already scored 100 Bundesliga goals for Bayern Munich, netting 51 in 61 total appearances across 2024/2025, a scintillating new record for the German club.
The Brit’s incredible achievements were recognised at the Ballon D’Or and now with his bumper new deal, but, referring to figures collated by the financial publication Forbes, Kane is actually nowhere near the top earners in sport.
It will come as no surprise that Cristiano Ronaldo is sport’s best-paid star, earning $300m last year. His eye-watering contract at Al-Nassr sees him take home $235m for his efforts on the pitch, but he gets another $65m for his endorsements and commercial agreements too.
According to Bleacher Report, boxer Canelo Alvarez is currently on course to become his sport’s first billionaire, but he made $170m last year alone.
Lionel Messi, recently retired from the Argentina national team but still plying his club trade at Inter Miami, split his earnings down the middle last year: $70m from his footballing activities, and another $70m from off the pitch too. Messi is one of five footballers to make Sport’s top 20 earners.
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Gianni Infantino facing significant challenge as ‘widely respected’ candidate to run for FIFA presidency
Kozo Tashima, the honorary president of the Japanese Football Association (JFA), has announced his intention to challenge Gianni Infantino for the FIFA presidency next year – and UEFA are reported to have given their 'blessing'.
Tashima, 68, received seven caps for the Japan national team as a player, and was the president of the JFA between 2016 and 2024.
He announced to Japanese newspaper Sports Nippon that he intends to run, stating that his candidacy is about 'conveying to the world the honest, sound and upright attitude that Japanese football has built'.
"I am grateful that I can make this announcement with the full support of the JFA," Tashima is quoted to have stated. "It's not about winning or losing but about conveying to the world the honest, sound and upright attitude that Japanese football has built. What FIFA needs now are these values that we have protected. I have decided to run in order to make this appeal to the world."
Tashima is the second figure to confirm his intention to challenge Infantino, with former Tottenham Hotspur defender Ramon Vega having made his announcement last month.
Significantly, The Guardian report that Tashima is 'understood to have acted with the blessing of UEFA' and is widely respected.
SPORTbible has contacted the Japanese Football Association (JFA) for comment.
According to the same report, Tashima is said to have 'many allies in Europe' and also held talks with UEFA officials at the Asian Football Confederation (AFC) congress in Tokyo.
In Vega's case, it is said to be unclear whether he has the minimum five endorsements required from the FIFA member nations in order to be added to the ballot.
The AFC endorsed Infantino to run for a third term as FIFA president in October, though whether Toshima's candidacy changes its stance is unclear. The AFC is comprised of 47 member associations, with only one – the Northern Mariana Islands – not a member of FIFA in addition.
Japan have significant prestige when it comes to men's international football, but they have achieved greater success in women's football. They won the 2011 Women's World Cup by defeating the dominant United States, and are four-time winners of the Women's Asian Cup.
They most recently lifted the Asian Cup earlier this year, and three Nadeshiko players – Yui Hasegawa, Manaka Matsukubo and Momoko Tanikawa – were nominated for the 2026 Ballon d'Or Feminin.
The men's team, meanwhile, are also four-time winners of the Asian Cup and have qualified for every World Cup since 1998. Their star players include Aston Villa's Zion Suzuki, Bayern Munich's Hidoki Ito, Real Sociedad's Takefusa Kubo and Brighton's Kaoru Mitoma.
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World Bank Report Links Procurement Gaps to Wide Fiscal Deficit in Kenya
An independent economic assessment by the World Bank released on November 4, 2026, revealed that systemic procurement inefficiencies and revenue leaks widen Kenya's fiscal deficit by 2% of gross domestic product annually.According to the multilateral lender, these structural gaps drive up national borrowing requirements while inflating baseline operational costs for domestic power and logistics.
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KRA announces record-breaking October revenue as customs collections hit historic high
The Kenya Revenue Authority (KRA) has announced a record-breaking revenue performance after collecting Ksh260.63 billion in October 2026, with Customs recording its highest-ever monthly collections in the history of the tax agency.
KRA said on Thursday, November 5, 2026, that it had surpassed its October revenue target of Ksh258.304 billion, collecting Ksh2.327 billion above the target.
The October collections represented a growth of 15.5 per cent compared to the corresponding period in the previous financial year, with the Authority attributing the performance to improved collections from both Customs and Domestic Revenue.
The latest figures also pushed KRA’s cumulative revenue collection beyond the Ksh1 trillion mark, with the taxman reporting collections of Ksh1.010 trillion by the end of October.
“Kenya Revenue Authority (KRA) has surpassed the KES 1 trillion mark in revenue collection, after raising KES 1.010 trillion by the end of October 2026. This achievement reflects a positive trajectory in revenue mobilisation, with the Authority attaining the milestone a month earlier than in previous financial years,” KRA said in a statement posted on its official website.
“In addition to surpassing the KES 1 trillion revenue milestone, KRA also exceeded its October 2026 revenue target, collecting KES 260.630 billion against a target of KES 258.304 billion. This represents a performance rate of 100.9 per cent, translating into a surplus of KES 2.327 billion above the target. The October performance reflects a revenue growth of 15.5 per cent, compared to growth rates of 8.0 per cent and 6.5 per cent recorded in October 2025 and October 2024, respectively. The good performance is attributed to stellar performance by both Customs and Domestic Revenue.”
The Authority said it had attained the milestone a month earlier than in previous financial years, describing the development as evidence of a positive trajectory in revenue mobilisation.
Customs and Border Control emerged as one of the major drivers of the October performance after collecting Ksh94.793 billion, the highest monthly revenue collection recorded by the department in KRA’s history.
The collections represented a growth of 11.3 per cent compared to October last year and surpassed the monthly target by Ksh1.009 billion, translating into a performance rate of 101.1 per cent.
KRA attributed the strong performance largely to non-oil taxes, which recorded a surplus of Ksh7.243 billion and growth of 26 per cent.
The October figure surpassed the previous monthly record of Ksh92.527 billion, which was collected in July 2026.
The latest performance comes amid increased scrutiny of the role of imports and international trade in supporting government revenue.
In September 2026, Customs collections had also exceeded the monthly target, with KRA collecting Ksh90.053 billion against a target of Ksh89.088 billion.
“Customs recorded its highest-ever monthly revenue collection after collecting KES 94.793 billion in Oct 2026, the highest monthly collection in KRA history. Second best collection of KES 92.527 billion was realized in Jul 2026. Customs collected a surplus of KES 1.009 billion registering a performance rate of 101.1% and growth of 11.3% compared to the same period in the last financial year. The performance was driven by non-oil taxes which recorded a surplus of KES 7.243 billion and a growth of 26.0%,” KRA stated.
The September performance was partly supported by an increase in the value of imports, which rose by 25.6 per cent, according to figures reported by the tax agency.
Domestic revenue collection also exceeded expectations, reaching Ksh165.447 billion against a target of Ksh164.110 billion.
The department surpassed its target by Ksh1.337 billion, registering growth of 18.1 per cent compared to the corresponding period last year.
KRA attributed the performance to above-target collections across several major tax categories, including Domestic Value Added Tax (VAT), Domestic Excise Duty, Corporation Tax, Individual Income Tax, Capital Gains Tax and Stamp Duty.
Corporation Tax collections stood at Ksh23.932 billion against a target of Ksh20.077 billion, representing a performance rate of 119.2 per cent and a growth of 31.6 per cent.
Four sectors, electricity, manufacturing, transportation and wholesale, accounted for approximately 81 per cent of Corporation Tax collections during the month.
The sectors also recorded an average instalment tax growth of 38.1 per cent in October, according to KRA.
Domestic VAT collections reached Ksh33.367 billion, slightly exceeding the monthly target of Ksh33.323 billion by Ksh45 million.
The collections represented growth of 22.1 per cent compared to October last year.
Domestic Excise Duty recorded one of the strongest performances, surpassing its target for the first time in a long period.
KRA collected Ksh945 million above the monthly target, with the tax head registering growth of 54.1 per cent.
The increase was driven by higher remittances from manufacturers of alcoholic beverages and tobacco products.
According to the Authority, manufacturers of keg beer, premium beer, wine and spirits, and tobacco recorded respective growth rates of 0.3 per cent, 43.5 per cent, 110.8 per cent and 94.1 per cent.
The strong performance in wine, spirits and tobacco collections was attributed to increased product deliveries.
However, collections from manufacturers of soft drinks and bottled water declined by 4.8 per cent and 96.4 per cent, respectively, with KRA linking the sharp decline in bottled water collections to policy changes.
The October performance comes as the Authority pursues an ambitious revenue target of Ksh3.268 trillion for the 2026/27 financial year.
KRA’s latest milestone follows a record collection of Ksh2.844 trillion in total revenue during the 2025/26 financial year, representing growth of 10.6 per cent compared to the Ksh2.572 trillion collected in the previous financial year.
The previous financial year’s performance was supported by collections from key economic sectors, including manufacturing, energy, financial and insurance services, information and communication technology, and wholesale and retail trade.
However, the revenue mobilisation drive has faced challenges, with Treasury figures showing that ordinary revenue receipts fell short of the first-quarter target by Ksh58.2 billion in the three months to September 2026, despite recording year-on-year growth.
The October figures therefore mark an important improvement in the Authority’s monthly performance, although sustained collections will be necessary for KRA to meet its annual target.
The tax agency has continued to rely on improved tax administration, compliance measures and expansion of the tax base to strengthen revenue collection.
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Attorney General’s Office Announces Pupillage Opportunities for Fresh Graduates: How to Apply
The Office of the Attorney General (OAG) has announced 70 pupillage opportunities for recent law graduates seeking practical legal experience.In a notice, the Office invited highly motivated Kenyans to undertake pupillage at the institution, in line with the Advocates Act and the Kenya School of Law Pupillage Guidelines 2023.
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Ruto pledges scholarships for 50 students over 10 years at ILU
President William Ruto has pledged to sponsor five students every year at the International Leadership University (ILU) for the next 10 years, a commitment that will benefit 50 students if it is implemented throughout the period.The President made the announcement on Thursday, November 5, during the award of a university charter to ILU at State House, Nairobi.
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KRA Records Highest-Ever Monthly Revenue, Reveals How Much Kenyans Paid in October
KRA has revealed the amount Kenyans paid in taxes in October after recording its highest-ever monthly revenue collection and crossing the KSh1 trillion mark.The Kenya Revenue Authority (KRA) collected KSh1.010 trillion by the end of October 2026, surpassing the KSh1 trillion mark a month earlier than in previous financial years.
