Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
KRA posts strong revenue growth: The Kenya Revenue Authority collected KSh2.844 trillion in FY 2025/2026, a 10.6 percent increase from the previous year, with manufacturing, energy, finance, ICT, and wholesale and retail sectors driving 62 percent of total revenue. Customs exceed target: Customs revenue grew 12.4 percent to KSh988.8 billion, surpassing its target, while exchequer…
Savings and Credit Cooperative Organizations (SACCOs), banks, and other financial institutions will no longer pay Value Added Tax (VAT) on the sale or disposal of repossessed collateral, following amendments introduced in the Finance Act 2026, which was signed into law by President William Ruto on June 23, 2026. This amendment marks a significant shift in…
Sugarcane farmers and transporters are set to benefit from a major tax reform under the proposed Finance Bill 2026, which will fully exempt sugarcane transport services from Value Added Tax (VAT). The move aims to reduce operational costs in the sugar industry, a sector that has long faced financial pressures from high transport and production…
