Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
KRA proposes changes that could cut clearance costs and delays for small importers using shared containers. Traders may soon pay only for handling and clearing their own consignments instead of shared costs. Dedicated de consolidation facilities could help speed up cargo separation and reduce extra charges. Small-scale importers could soon face fewer costs and delays…
Small traders halt cargo clearance over higher KRA charges Importers warn rising costs could squeeze already thin profit margins Traders threaten nationwide protests if KRA does not review the charges Small-scale importers and micro-enterprises have suspended cargo clearance in protest against increased taxes, levies and administrative charges imposed after the expiry of a relief period…
KRA will intensify enforcement against Affordable Housing Levy defaulters, including freezing bank accounts and deactivating tax PINs. Defaulters face a 3 per cent monthly penalty on unpaid levy amounts. KRA is deploying 1,406 revenue service assistants to boost compliance, especially among informal businesses. Kenyans who fail to remit the Affordable Housing Levy risk having their…
MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…
KRA Customs collected a record Ksh92.53 billion in July 2026, exceeding the Treasury target by Ksh6.37 billion. Non oil revenue hit a record Ksh61.50 billion, supported by stronger compliance, technology and improved cargo management. The July performance marked a 15.3 per cent increase from Ksh80.29 billion collected in July 2025. Kenya Revenue Authority (KRA) Customs…
Sugar millers want tighter controls on raw sugar imports to protect local producers. They urged enforcement of the Sugar Act, 2024 and Kenya Revenue Authority (KRA) rules to stop raw sugar reaching consumers. They warned excess imports are hurting local millers, jobs and tax revenue. Sugar industry stakeholders have urged the national government to regulate…
More than 60 Saccos have tasked cooperative lobbies with pushing for tax reforms after engaging KRA on sector specific tax challenges. The sector wants tax laws aligned with the member based and not for profit Sacco model, saying current rules do not reflect how cooperatives operate. The proposals now move to lobbying groups, including KUSCCO,…
KUSCCO and KRA will hold the second National Taxation Dialogue for Saccos on 30 and 31 July in Nairobi. The forum will address Sacco taxation, compliance and policy reforms. The dialogue aims to promote a fairer and more predictable tax framework for Saccos. The Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) will convene…
Finance Act 2026 introduces stricter tax compliance, faster reporting deadlines, and expanded KRA enforcement powers affecting Saccos. Saccos warn the changes could strain liquidity, increase compliance costs, and disrupt lending and member access to savings. KUSCCO is pushing for tax law amendments to protect co operative members and harmonise taxation with the Co operative Societies…
KRA will make Advance Cargo Declaration (ACD) mandatory for all containerised imports from August 3. Exporters must secure an ACD reference code before cargo is loaded. The system aims to improve security and speed up customs clearance. Kenya Revenue Authority (KRA) has announced the launch of its new Advance Cargo Declaration (ACD) platform. Starting Monday,…
