The Kenya Revenue Authority (KRA) recorded an outstanding performance of 117.2% in Excise duty on betting services during the Financial Year (FY) 2024/2025, surpassing the set target of Sh11.288 billion.
Commissioner, Large and Medium Taxpayers Rispah Simiyu said excise duty from betting services grew to Sh13.233 Billion in the FY 2024/2025 from Sh10.598 billion collected in the last financial year.
During the period under review, Betting Tax surpassed the set target after collecting Sh5.70 Billion against a target of Sh5.495 Billion.
“This translates to a performance rate of 103-7% and a growth of 22.0%.
The performance is attributed to KRA’s Taxation at Source initiatives specifically, integration of betting firms’ systems to KRA’s systems, enabling real-time monitoring of transactions,” she said.
This has enhanced compliance and transparency and facilitated effective collection, she added.
The growth in revenue comes at a time when the nation continues to face economic pressure.
According to the 2025 Economic Survey, Kenya’s economy grew by 4•7% in 2024, down from 5-7% in 2023, reflecting broader global slowdowns and local pressures on consumption and credit.
Despite the pressures, KRA’s total revenue collection for the FY 2024/2025 stood at Kshs. 2.571 Trillion reflecting a 6.8% growth, demonstrating resilience and the importance of strategic targeting in mobilizing revenue from emerging sectors.
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