Kenya Revenue Authority unveils new measures to plug widening revenue hole

Standard Gauge Railway (SGR) workers go about their duty. KRA has raised alarm over failure to meet the Railway Development Levy target.

NAIROBI: With the Railway Development Levy missing its revenue target, Treasury has come under pressure in servicing a Sh327 billion loan it used to finance construction of the modern Standard Gauge Railway (SGR).

The 1.5 per cent levy charged on all imported goods has failed to meet its target and with the Government’s own finances under strain, it has to look elsewhere to bridge the financing gap.